raipur: The Cgst arrests Bizmen for 31cr tax evasion | Raipur News

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Raipur: In a Goods and Services Tax (GST) tax evasion case, Raipur GST Central Branch officials arrested a Raipur-based businessman under the provisions of article 69 (1) of the CGST law of 2017.
Based on the intelligence, GST officials raided the premises of M/s Sainath Enterprises in Raipur and its owner (Basudev Mittal) was allegedly involved in a large scale GST evasion by availing credit of inadmissible input tax from false and non-existent entities without receipt of goods.
According to GST officials, the accused Basudev Mittal was brought before the Raipur District Court on Thursday and the court granted the accused 14 days in custody. After his arrest, Basudev Mittal filed a tax amounting to Rs 76 lakhs through GST Challan.
While raiding the premises of Basudev Mittal, owner of M/s Sainath Enterprises in Kabir Nagar, Central GST officials, Raipur CGST officials seized several incriminating documents from his home.
Investigations revealed that M/s Sainath Enterprises was arranging fake invoices and receiving web entry credit from a number of fictitious companies operating out of Odisha. A total of bogus invoices of over Rs 31 crore involving GST of Rs 5.69 crore have been unearthed. The offense committed by Basudev Mittal, owner of M/s Sainath Enterprises, who is the sole beneficiary of this transaction, is punishable under Section 132(1)(l)(i) of the CGST Act 2017 .
This is the sixth arrest by the CGST police station in Raipur under the GST Act. In the recent past, CGST Raipur has taken strict enforcement action against tax evaders, especially against taxpayers involved in false invoicing cases. Over 200 tax evasion cases were recorded in the financial year 2021-22 itself, in which around Rs 650 crore of tax evasion was uncovered. CGST Raipur Commissionerate collected Rs 3328 Crore more GST from FY20-21. Total GST collection for FY21-22 stood at Rs 12,961 Crore as compared to Rs 9,627 Crore collected in FY20-21, registering a massive growth of 35%. At the same time, India-wide growth was 26%.


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