A case has emerged in Lucknow involving GST firm registration through fake documents, fraudulent transactions worth crores, and tax evasion of ₹37 lakh. Police have arrested 3 fraudsters. The main accused, along with 4 other suspects, are still at large.
DCP Crime Kamlesh Dixit said that on November 3, 2025, Bhagwati Charan Verma obtained a GST number under the name M/S K S Enterprises using a fake address in Mahanagar.
Purchases and sales worth crores were shown under the firm’s name. Investigation revealed that there is neither an office at the given address nor does the firm exist. The property owner also confirmed it as fake.
₹4.70 Cr transactions, wrongful ITC benefit
During the investigation, it was discovered that a youth named Deepak, along with his associates, conducted transactions of about ₹4 crore 70 lakh through the fake firm using their bank accounts. By wrongfully claiming Input Tax Credit (ITC), they caused a total revenue loss of ₹37,52,545 to the government.
₹15 lakh transferred by check
The investigation revealed that out of the transaction amount, about ₹15 lakh was given to Prashant Tiwari through four checks, which he used for household work. Kailash Maurya is accused of creating fake seals, opening bank accounts, and assisting in GST theft.
The accused created fake electricity bills in the greed of making quick money. GST registration was obtained based on these bills.
Source from: https://www.bhaskarenglish.in/local/uttar-pradesh/news/lucknow-gst-fraud-arrests-mastermind-absconding-137253340.html
