The Directorate General of GST Intelligence (DGGI), Guwahati Zonal Unit, has unearthed a Goods and Services Tax (GST) fraud worth nearly 500 crore. Four individuals have been arrested in connection with the racket, which was being operated from multiple locations in Beltola.
According to reports, the arrested persons have been identified as Gaurav Agarwal, Deepak Agarwal, Vinod Agarwal and Guddu Singh. Officials are reported to have said that the group was running a pan-India fake billing syndicate with links to illegal coke plants in Meghalaya and Arunachal Pradesh. The network also extended its operations to Assam, West Bengal and Delhi.
Investigators revealed that the accused floated several shell companies through which they generated fake invoices. The fraudulent transactions were aimed at evading GST and laundering profits. Acting on specific intelligence inputs, DGGI officials reportedly conducted simultaneous raids at nearly ten locations in and around Beltola.
Residences and offices belonging to the accused were searched, leading to the recovery of crucial documents and digital evidence. The estimated fraud reportedly stood at around ₹500 crore, though the figure could rise as the investigation continues.
The four accused have been booked under relevant provisions of the GST Act, and are currently being interrogated to trace the wider nexus behind the racket.
