
Revolutionary Raja Ram for Tax & Economic Reforms
almost 3 years ago
Think GST fraud can't get bigger? This shocking case will make you think again! 👀 A massive Rs 863-crore GST fraud was uncovered, involving 461 shell companies used to create fake input tax credits. Two key players were arrested during a raid in Delhi.
But hold on, it gets even more shocking! 💥 These fraudsters had hundreds of fake Aadhaar and PAN cards in their possession. Morphed documents and stolen identities were utilized for registering countless bogus companies.
June 1, Noida police busted a similar case, Rs 10,000 crore GST fraud operated from Delhi. Roughly 3,000 companies were registered under fake identities to raise e-way bills and exploit ITC from the government.
It's a wakeup call for us. Fraudsters are getting more sophisticated by the day. It's our responsibility to stay vigilant and protect our hard-earned money. Together we can put an end to these scams. 💪
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