India: Fake GST bill fraud: Punjab excise dept carries out raids

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February 10, 2018

The Punjab Excise and Taxation Department conducted a raid at the residence of a trader in Mandi Gobindgarh as part of its investigation into an over Rs 100 crore fake GST bill fraud, officials said. A senior official, who was part of the operation, said a raid was carried out yesterday at the house of the trader, believed to be one of the kingpins of the fraud. More than 200 files of bills and a hard disc were seized by sleuths of the department during the raid at the businessman’s residence in the town in Fatehgarh Sahib district. “We found very heavy transactions in his bank accounts of his three firms and the businessman who was operating from his house was suspected to be involved in bogus GST bill trading,” the officer said.