Two crore people arrested in Bangalore for Rs 200 crore GST fraud

Bangalore, Ta. 15 November 2020, Sunday

Over the past few weeks, four people have been arrested for tax evasion in more than Rs 200 crore separate cases. He has allegedly created counterfeit currency for national companies, including the Chinese, for bogus services worth Rs 1,000 crore in several years. In recent days, the city has been raided by the Bangalore branch of GST Intelligence. Apart from this, several places, including Mumbai-based Chinese companies, have been raided and documents linked to bogus input credit have been seized. The calculation of the total tax evasion is still in its infancy.

Sources said that Delhi's Kamlesh Mishra has made Rs 500 crore in the name of bogus companies. Kamlesh Mishra has set up 23 companies in the name of poor people across the country. An official said he created counterfeit currency worth Rs 80 crore to start bogus companies. Kamlesh Mishra showed off his product with the intention of getting a big loan and created bogus bills.

"We have identified the people who made Kamlesh Mishra the CEO of bogus companies," Adhikari said. He has been arrested following reports of a GST scam. Apart from this there are many people who have created bogus bills together with Chinese people and companies. All these people have been taken into custody.