The Surat zonal unit of the Directorate General of Goods and Services Tax Intelligence (DGGI) has arrested Sajjad Salim Ali Bhimani, director of Mahimna Alloys Pvt Ltd in the Sachin industrial area, for alleged tax fraud. Bhimani was produced in court on Wednesday and remanded to 14 days’ judicial custody.
He is accused of illegally claiming input tax credit (ITC) of approximately Rs30 crore through bogus firms registered in Maharashtra, Gujarat, and Delhi. The fraudulent transactions involved a taxable value of nearly Rs200 crore.
Bhimani allegedly forged invoices and documents indicating trade in mild steel scrap to claim the ITC. Officials said he raised bills from eight fake companies—six in Maharashtra, one in Gujarat, and one in Delhi—with no actual supply of goods.
The scam reportedly took place over the last 18 months. Investigations are ongoing to identify other companies and individuals connected to this tax fraud network.
