A case has come to light in Alwar where a young man working for an agricultural company discovered that a business worth ₹11.95 crore had been operated using his PAN card. The fraud came to light when he approached a Chartered Accountant (CA) to obtain a GST registration for his own business and found that a company in Delhi was already operating under his PAN.
The victim, Ankit Yadav, said, “I work as a supervisor in an agricultural company in Malviya Nagar. My job involves plantation work, and my monthly salary is ₹10,000. In April, I visited a Chartered Accountant to start my own business. During an online verification, it was found that my PAN card already had a GST registration.”
He then checked records on the GST and Income Tax department websites, where he discovered that a Delhi-based firm, Akanksha Synthetics, was operating using his PAN card.
Case registered on court’s directions
Ankit said, “I filed a complaint in the ACJM No. 3 Court on July 5. Acting on the court’s directions, Aravalli Vihar police registered an FIR for fraud on July 29 and began an investigation.” Police are now trying to identify who fraudulently obtained the GST registration using Ankit’s PAN card and how a business worth crore of rupees was carried out under his identity.
₹11.95 crore turnover shown in two years
According to the complaint, business worth ₹2,62,15,452 was shown in Ankit’s name during 2023–24, while transactions worth ₹9,33,56,142 were recorded in 2024–25. In total, a turnover of ₹11,95,71,594 was shown over two financial years.
The complaint further states that different mobile numbers are linked to the GST records and that a Kotak Mahindra Bank account in Pitampura, Delhi, was used for the business.
‘I never applied for GST registration’
Ankit said he only has a savings account with Punjab National Bank’s Delhi Road branch in Alwar. He claimed he has never applied for a GST registration and does not run any business in his name.
He alleged that the owners, employees and officials of the firm, along with other associates, misused his PAN card to operate the business.
Police investigating the fraud
Additional SP Deepak Kumar said a case involving the misuse of a PAN card to obtain a GST registration and conduct business has been registered at Aravalli Vihar police station. He said the police are investigating the matter based on the complaint.
Source from: https://www.bhaskarenglish.in/local/rajasthan/news/ankit-yadav-pan-card-gst-fraud-delhi-business-scam-138583702.html
