Rs.1,200 cr credit scam: Gujarat GST, ATS raid 205 premises, 91 people questioned

These firms were creating fake bills of transactions and claiming huge credits from the state government

November 13, 2022

Some officers of the GST are also being questioned by search teams for their involvement in the scam

In a joint operation, the Gujarat State Goods and Service Tax (GST), the Anti-Terrorist Squad (ATS), and the Crime branch were on Sunday carrying out searches at more than 205 premises owned by 115 firms and were also questioning 91 people in an alleged Rs.1,200 cr credit scam.

Documents, bill books, laptops, and pen drives have been seized by officers and data has been retrieved from cloud facilities to track down the fake transactions and cash money movement.

Some officers of the GST were also being questioned by the search teams for their alleged involvement.

As per the primary information available, the scam was going on for the last six months in Ahmedabad, Surat, Bhavnagar, Vadodara, and search teams have apprehensions that without officers’ involvement such a large-scale scam would not have lasted for so long.

According to the department’s sources, searches were going on in 14 districts simultaneously. These companies were involved in scrap metal, chemicals, and iron rods. These firms were creating fake bills of transactions and claiming huge credits from the state government. At least 91 people from various firms were questioned and information was sought from them by the search teams.

[With Inputs from IANS]

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