Pune: Two booked for evading Rs 496 crore tax by setting up fake firms

Pune: Two persons have been booked for evading the Goods and Services Tax (GST) amounting to Rs 496.27 crore through a fake GST firm, a fake bank account and duplicate SIM, Aadhaar and PAN cards.

DGGI, Pune Division, Senior Officer Anurag Shrivastava lodged a complaint at the Koregaon Park Police Station in this regard. The accused have been identified as Dinesh Kumar (26), resident of Jalor, Rajasthan, and Virendra Kumar (26), resident of Barmer, Rajasthan. The incident took place from December 2020 to August 2024.

According to the police, accused Dinesh Kumar set up four fake firms by using a fake GST firm, a fake bank account and duplicate SIM, Aadhar and PAN cards. He showed transactions through the fake firms and evaded Rs 127.78 crore tax.

Virendra Kumar established 54 fake companies, including 4 belonging to Dinesh Kumar. Thus, they cheated the government of Rs 496.27 crore tax by showing transactions done through the fake firms. Sr PI Runal Mulla was investigating the matter.