Summary:
The Mumbai Goods and Services Tax (GST) Commissionerate has lodged a police complaint against a bogus trader who allegedly floated a fake company to fraudulently avail IGST refunds. The accused identified as Santosh Bhuwad is alleged to have registered his bogus company on the GSTN portal by submitting fake documents and acquiring the GST registration number. The address given by Bhuwad as his place of occupation was demolished for redevelopment and he later went missing. When the officers investigated the matter further, they discovered that the property consent letter submitted during registration was forged and the person who gave his signatures never existed. So far the cops have booked Bhuwad under section 120B, 409, 420, 468 and 471 of the Indian Penal Code and other relevant section of the GST Act..