Meerut Police Dismantles Major GST Fraud Operation, Arrests Suspect
Meerut police unearths GST fraud racket, arrests gang member
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Police in Meerut district, Uttar Pradesh, have arrested Wasim Akram, a member of a gang involved in a multi-crore Goods and Services Tax (GST) fraud. The gang allegedly caused a revenue loss of approximately ₹17 crore (roughly $2 million USD) to the government by creating fake invoices and using fictitious firms.
- 01Meerut police uncovered a significant GST fraud racket.
- 02The gang caused a revenue loss of about ₹17 crore (roughly $2 million USD).
- 03Suspect Wasim Akram was arrested for generating fake invoices.
- 04The gang used fake identification to establish fictitious companies.
- 05Police are pursuing additional suspects involved in the fraud.
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Police in Meerut district, Uttar Pradesh, have arrested Wasim Akram (38), a member of a gang involved in a substantial Goods and Services Tax (GST) fraud scheme. The operation reportedly led to a revenue loss of approximately ₹17 crore (around $2 million USD) for the government. Investigations revealed that the gang generated fake invoices through fictitious firms, utilizing fraudulent Aadhaar and PAN cards to evade taxes. They also manipulated e-way bills to facilitate tax evasion. Following a tip-off and technical evidence, police apprehended Akram, who confessed to his involvement and indicated that he collaborated with accomplices. Authorities are actively working to identify and arrest other gang members involved in this fraudulent operation.
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This crackdown on GST fraud is crucial for maintaining tax compliance and protecting government revenue, which can affect public services.
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