Directorate General, GST Intelligence,Gurugram Zonal Unit, arrests owner of pvt. firm

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New Delhi : The Directorate General of GST Intelligence (DGGI),Gurugram Zonal Unit, Gurugram, on July 12, 2019, arrested Ajit Jindal, Proprietor of M/s. Shree Balaji Enterprises, A-43, Saraswati Vihar, North-West, Delhi-110034. This  firm had taken Input Tax Credit (ITC) fraudulently to the tune of more than Rs 5.06 crore involving invoice value of Rs 28.11 crore on the strength of invoices issued by fake firms. The said firm thereafter utilised fraudulently taken ITC to discharge their GST liability against the outward supply with an ulterior motive to defraud the Government Exchequer.

Thus, Ajit Jindal has committed offences under the provisions of Sections 132 (1) (c) of the CGST Act,2017; which are cognisable and non-bailable offences under Section 132(5) of the CGST Act,2017, being punishable under Section132(1)(i) of the CGST Act, 2017. Consequently, Ajit Jindal was arrested on July 12,  2019, under Section 69(1) of the CGST Act, 2017, following which he was produced before the Chief Judicial Magistrate, Gurugram. The Chief Judicial Magistrate, Gurugram, has sent Ajit Jindal to Judicial custody of 14 days, according to a PIB release.