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Delhi CA held by CGST officials for passing on fake ITCs

The accused passed on a fake ITC of Rs 14.30 crore. All the e-way bills generated to transport the goods were also found to be fictitious.

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Picture used for representational purpose only

Picture used for representational purpose only

In the ongoing campaign against fake and bogus invoices and the resultant availment of inadmissible ITC, officers of the Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have detected a case of issue of fake bills of about Rs 79.5 crore.

The syndicate was being operated by Nitin Jain, a CA, by floating three firms i.e M/s Anshika Metals, M/s N.J Trading Co. and M/s A.J Enterprises using the identity of his family members, with the intent of passing of inadmissible ITC, a finance ministry release on the issue said.

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