The State GST Department has arrested an individual, Sahidul Islam, a resident of the Boko area, in connection with a massive fake Input Tax Credit (ITC) racket involving fraudulent transactions worth approximately Rs 11 crore.
According to official sources, the accused was operating a bogus firm under the name M/s L. K. Enterprise, through which he allegedly generated and passed on fake ITC to other entities. The case was cracked following a detailed probe carried out over the past several months by the department’s Data Analytics & Intelligence Team.
Authorities revealed that Mr. Islam had been under surveillance for nearly 4–5 months after suspicious patterns were flagged through advanced data analytics tools. Acting on specific intelligence input, officials moved swiftly to apprehend the accused under the provisions of the Goods and Services Tax (GST) Act.
“This arrest marks a significant step in our efforts to curb tax evasion and dismantle fake ITC networks that adversely impact the revenue system,” said a senior GST official involved in the investigation.
The department has launched a further probe to identify and track down the broader network of individuals and firms linked to the racket. More arrests are likely as the investigation progresses.
The State GST Department has reiterated its commitment to adopting technology-driven enforcement to ensure compliance and safeguard public revenue.
