Major GST evasion detected in Punjab; DGGI arrests three men who largely owned and controlled the firms
Kanwar Inder Singh/royalpatiala.in News/ May 3,2025
The Directorate General of GST Intelligence (DGGI), Ludhiana has found that six business entities based in Mandi Gobindgarh, in Fatehgarh Sahib district of Punjab, were involved in illegal sale of ₹ 647.4 crores, leading to GST evasion of ₹ 116.5 crores. The names of the business entities are M/s Bharat Steel Industry, M/s Ramji Concast, M/s AKM Alloys, M/s KTB Alloys, M/s Shree Salasar Balaji Steel Tubes and M/s Shree Salasar Steel Tubes & Co.. They were involved in manufacturing of billets and trading of pipes.
The investigation by DGGI Ludhiana unearthed and seized many pieces of incriminating evidence against these entities. These were further coorborated in the voluntary statements made and admitted by the partners and employees of these business entities. The companies were involved in clandestine removal of goods worth ₹ 388.8 crores leading to GST evasion of ₹ 69.8 crores. They were also found to have been involved in fake invoicing of ₹ 258.5 crores, leading to GST evasion of ₹ 46.5 crores through fraudulent availment and utilization of Fake Input Tax Credit from non-existent and fictitious business entities.
On 2nd May, 2025, DGGI Ludhiana placed under arrest the three men who largely owned and controlled the above-mentioned business entities, for their acts leading to GST evasion of ₹ 116.5 crores. The three arrested men have been sent to judicial custody.
Major GST evasion detected in Punjab; DGGI arrests three men who largely owned and controlled the firms. DGGI is the Government of India’s premier Intelligence and Investigating Agency for GST tax evasion, functioning under the Ministry of Finance. In order to tackle the menace of GST evasion, the DGGI develops intelligence, especially in new areas of tax evasion, through advanced tools for data analytics besides using its intelligence network across the country to collect such information.
