Noida Police have arrested a woman from Coimbatore linked to a ₹10,000 crore GST fraud involving fake documents and companies. Investigations reveal substantial revenue losses to the government.
Coimbatore: In a significant operation, Noida Police have apprehended a woman from Coimbatore connected to a ₹10,000 crore GST fraud case. The case, registered last June, involves the creation of over a thousand fake companies and generating phony e-way bills to claim undue Input Tax Credits (ITC), leading to massive revenue losses for the government.
The investigation, which spanned several states including Delhi, Rajasthan, and Haryana, has already resulted in the arrest of 45 individuals. During these investigations, it emerged that Suganya from the Race Course area of Coimbatore was actively involved in this fraud. Suganya, who owns a metal manufacturing facility in Coimbatore, used the names of these bogus companies to claim ITCs amounting to ₹14.2 crore, causing significant revenue loss over the past year.
Suganya, who had been evading capture, was arrested on the 22nd of this month when Noida Police, with assistance from Coimbatore Police, located her staying at an apartment in Race Course. Her husband, Prabhu, is still being sought by the authorities.