Telangana GST Scam of Eighty Four Crore Exposed as Main Accused Arrested

• Telangana GST scam worth eighty four crore uncovered by officials.
• GST fake invoices used to claim illegal input tax credit.
• Main accused arrested in Telangana GST scam investigation.

A major financial fraud has been uncovered in Telangana after authorities exposed a large Goods and Services Tax scam involving fake invoices and illegal tax credit claims. Officials from the Commercial Taxes Department revealed that the fraud involved input tax credit worth more than eighty four crore rupees.

Investigators found that the accused had created false invoices to claim input tax credit without conducting any actual business transactions. The case came to light during an investigation into suspicious GST filings by certain companies operating in the state.

According to officials the main accused in the case is Sandeep Kumar Goyal who runs a firm named SKG Trading. Authorities arrested him after discovering that his company had allegedly generated fake invoices and claimed tax credits that were not legally eligible.

Further investigation revealed that the fraudulent activity was not limited to a single firm. Officials found that other companies linked to the accused were also involved in similar transactions. Among them were HFC Steel Tubes and Valves and Vijay Industrial Needs LLP which were reportedly used to carry out the illegal tax claims.

GST authorities stated that these firms had claimed large amounts of input tax credit without supplying any actual goods. The transactions existed only on paper which allowed the accused to exploit loopholes in the system and claim tax benefits unlawfully.

After confirming the irregularities the department cancelled the GST registrations of the companies involved in the scam. Officials said the move was necessary to prevent further misuse of the tax system and protect government revenue.

The accused was produced before a court where the judge ordered judicial custody as the investigation continues. Authorities said the case has been registered under provisions of the Telangana GST Act of twenty seventeen.

Officials from the Commercial Taxes Department emphasized that strict action will be taken against individuals or companies attempting to misuse the GST framework through fake input tax credit claims. They added that surveillance on suspicious transactions has been strengthened to prevent similar frauds in the future.

The department has also initiated a detailed examination of financial records and transactions linked to SKG Trading and associated firms. Investigators are now trying to determine whether additional companies or individuals were involved in the scam.

Authorities believe the case serves as a strong warning against tax evasion practices and reaffirmed their commitment to protecting public revenue from fraudulent activities.