{"id":6582,"date":"2019-03-08T10:26:14","date_gmt":"2019-03-08T04:56:14","guid":{"rendered":"https:\/\/www.pinkcitypost.com\/?p=6582"},"modified":"2019-03-08T10:26:14","modified_gmt":"2019-03-08T04:56:14","slug":"alwar-businessman-arrested-for-gst-evasion-and-fraud-of-rs-10-45-crore","status":"publish","type":"post","link":"https:\/\/www.pinkcitypost.com\/alwar-businessman-arrested-for-gst-evasion-and-fraud-of-rs-10-45-crore\/","title":{"rendered":"Alwar: Businessman arrested for GST evasion and fraud of Rs 10.45 crore"},"content":{"rendered":"<p>Jaipur: Central Goods and Services Tax (GST) Commissionerate of Alwar on Thursday arrested a businessman identified as Manish Kumar for the alleged GST evasion and fraud of nearly Rs 10.45 crore. He is also accused of claiming Input Tax Credit (ITC) worth Rs 7.68 crore by submitting fake bills.<\/p>\n<p>Manish is a resident of Alwar. He was produced in a special economic offense court that remanded in judicial custody.<\/p>\n<p>Manish is the owner of a private firm named Krishna Enterprises located at Housing Board in Alwar.<\/p>\n<p>According to the officials, Manish was using Input Tax Credit (ITC) on the basis of fake bills. A team of officials conducted the raid at his firm Krishna Enterprises and his other properties. It was found that the firm claimed ITC on marble slabs, tiles, scraps, LED TVs and light bills but there was no such good present in the warehouse or at the office.<\/p>\n<p>The firm allegedly made the fake bills to sell these goods and was practicing tax evasion on the basis of bills. There was no import and export of any kind of goods and services as claimed in the bills, added officials.<\/p>\n<p>Senior public prosecutor of the CGST Department RN Yadav presented the details of the case to the court. The accused Kumar was lodged in the jail.<\/p>\n<p>Manish Kumar had been committing GST fraud for a long time, said Yadav.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jaipur: Central Goods and Services Tax (GST) Commissionerate of Alwar on Thursday arrested a businessman identified as Manish Kumar for the alleged GST evasion and fraud of nearly Rs 10.45 crore. He is also accused of claiming Input Tax Credit (ITC) worth Rs 7.68 crore by submitting fake bills. Manish is a resident of Alwar. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1512,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alwar: Businessman arrested for GST evasion and fraud of Rs 10.45 crore<\/title>\n<meta name=\"description\" content=\"Manish allegedly claimed Input Tax Credit (ITC) worth Rs 7.68 crore by submitting fake bills. 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