The Directorate General of GST Intelligence (DGGI) in Guwahati has uncovered a large-scale tax evasion scam involving fraudulent invoicing schemes worth Rs70 crore. The scheme led to the arrest of Natwar Kumar Jalan, a partner at M/s Yash Associates, located in Guwahati’s Kedar Road.
Jalan was accused of claiming fraudulent Input Tax Credit (ITC) amounting to Rs10 crore using fake invoices. Investigators revealed that several other firms were involved in the scam, with at least a dozen suspected entities issuing these bogus invoices to enable the fraudulent ITC claims.
This scheme is one of the largest tax fraud cases in the region, with the total value of the fake invoices reaching Rs70 crore. Jalan was presented before a Judicial Magistrate, who denied his bail plea and ordered him into 14 days of judicial custody. DGGI officials have indicated that further arrests are likely as the investigation continues to unfold, aiming to dismantle the entire network behind the fraudulent activities.
