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GST officials bust racket for availing Rs 50 cr illegal input tax credit; 1 arrested

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GST officials bust racket for availing Rs 50 cr illegal input tax credit; 1 arrested

Busting an unlawful enter tax credit (ITC) racket, GST officers have arrested a wannabe chartered accountant for alleged involvement in passing on ITC of approximately Rs 50 crore via an internet of a hundred and fifteen faux companies, a supply stated on Friday.
Prince Manish Kumar Khatri, a third-yr scholar and a associate of a CA company in Ahmedabad, allegedly registered faux companies that had been used to keep away from paying Goods and Services Tax (GST) via way of means of displaying payments generated via way of means of them as ITC.
In all, ITC of Rs 50.24 crore changed into wrongfully exceeded on, the supply stated.
The supply stated Khatri is allegedly the important thing individual worried in registration of a hundred and fifteen non-existent companies and submitting of GST returns of such faux companies, hence passing on ineligible ITC for incorrect availment and usage for GST payment.
These faux companies are unfold over nine GST Commissionerates and the Directorate General of GST Intelligence (DGGI) has detected the fraud with the assist of statistics analytics.
Out of those a hundred and fifteen faux devices, forty nine fall beneathneath Ahmedabad North Commissionerate; 27 beneathneath Vadodara-II Commissionerate; 15 beneathneath Bhiwandi Commissionerate; 12 beneathneath Gandhinagar Commissionerate.
Besides, five devices fall beneathneath Ahmedabad South Commissionerate; three beneathneath Jodhpur Commissionerate; 2 beneathneath Vadodara-I Commissionerate; 1 beneathneath Thane Rural Commissionerate and 1 unit beneathneath Bhavnagar Commissionerate.
“Now using Aadhaar in GST registration will carry higher manipulate over such unscrupulous specialists who attempt to create bogus/faux companies for GST evasion via way of means of fraudulent availment and passing on of ITC,” the supply stated.
The supply similarly stated regulation is being similarly tightened to have higher manipulate on such malpractices.
Moreover, the authorities is thinking about setting such doubtful companies beneathneath chance class like in case of export companies, and might block their refunds, except taking different suitable criminal actions, if discovered worried in deceitful practices.

Tap To Explore More : Economic Times

Also Read : INDIA SHOULD BE BIGGER THAN CHINA IN POWER AND SCOPE: MOHAN BHAGWAT

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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