Maharashtra: CGST officials arrest fourth person in Rs 78-crore GST evasion, ITC fraud case

A source in the Bhiwandi Commissionerate said officials suspect the case may have all-India ramifications beyond tax evasion.

This case is a part of the special drive launched by the CGST Mumbai Zone against tax fraudsters and fake ITC networks. So far, CGST Bhiwandi Commissionerate has arrested 19 persons in the last one year. (file)

Officials from the Central Goods and Services Tax (CGST) Bhiwandi Commissionerate on Friday arrested the IT head and partner of a company for allegedly evading GST and input tax credit (ITC) worth Rs 78 crore.

The accused has been identified as Harshal Oze, the IT department head and partner of company A S Agri and Aqua LLP. Oze was sent to judicial custody by a magistrate court till October 6.

Sumit Kumar, Commissioner of Bhiwandi Commissionerate, said, “The firm has not discharged its GST liability of Rs 53 crore on advance payments amounting to Rs 292 crore received from recipients of work contract services for construction of poly houses, which is taxable under Section 13(2)(b) of CGST Act, 2017. It has fraudulently availed ITC of Rs 25 crore on the work contract services for construction of immovable property, which is not
available under Section 17(5)(c) of CGST Act.”

Further, of the total liability of Rs 78 crore, the firm has voluntarily discharged the GST liability of Rs 35 crore.
Officials said Oze is the fourth person arrested in the case. The others are in judicial custody till August 7.

Sources said the case may have all-India ramifications, beyond tax evasion.

The case is part of a special drive launched by the CGST Mumbai Zone against tax fraudsters and fake ITC networks. So far, the CGST Bhiwandi Commissionerate has arrested 19 people in last one year.

First uploaded on: 24-09-2022 at 16:18 IST

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