The Directorate General of GST Intelligence (DGGI), Belagavi Zonal Unit, has uncovered a ₹16 crore GST fraud in Ballari district, leading to the arrest of one individual following searches at three locations.
Investigations exposed a network of shell companies engaged in bogus Input Tax Credit (ITC) transactions. Fake invoices and e-way bills were generated to avail and pass on fraudulent ITC worth ₹16 crore.
Officials said the accused created these shell entities without any genuine business activity, using forged rental agreements, letterheads, and other fabricated documents. Personal details, including Aadhaar and PAN of employees, were misused to register the companies.
During searches at the principal place of business, incriminating documents were seized. The arrested person was produced in court and remanded to judicial custody.