DGGI Uncovers Rs 16.96 Crore GST Evasion in Karimnagar Granite Exports
Investigators say forged invoices, fake waybills and misuse of identity documents enabled about Rs 100 crore of stone to be moved, prompting arrests, seizures and planned further custody actions.
Overview
- The Directorate General of GST Intelligence says its probe found about Rs 16.96 crore of unpaid GST tied to roughly Rs 100 crore in granite shipments that were supported by fake invoices and waybills.
- DGGI officials arrested the alleged organizer of a sham transport/export agency and produced him in court after tracing the network that handled the fraudulent shipments.
- Officers seized illegally transported granite and the vehicles carrying slabs at Serilingampalli, Ghatkesar and Pragnapur as part of the enforcement actions.
- Investigators allege the organizer used his wife’s mobile number to generate false waybills and registered the agency using a friend’s PAN and Aadhaar to conceal the scheme.
- The GST probe follows unresolved FEMA export irregularity findings that led to a reported Rs 749 crore penalty against Karimnagar granite units, and authorities say they plan additional arrests as the inquiry continues.