By Our Correspondent
BHUBANESWAR: Gurdit Dang, Managing partner of Tirupati Traders and authorized representative of Satguru Metals & Power Pvt. Ltd., Rourkela and Sujay Maitra, Director of Smartageis Trade Venture Private Limited of Rourkela, under scanner. The 2 accused alleged involved in availing and passing of bogus ITC worth Rs 115.10 crore on the strength of fake invoices to the tune of Rs 641 crore.
Dang arrested in Rourkela, Maitra while arrested in Bhubaneswar. Lohani said the masterminds in collusion with others, have availed bogus input tax credit (ITC) raising fake purchase invoices in the name of 16 fictitious /non-existent business entities located at Angul, Rourkela, Banai, Ersama, Tirtol, Riamal and Sundargarh.
The present investigation took its origin from an investigation made on a complaint petition filed by one existent dealer of Jogeswarpur, Balasore regarding supply of goods by the accused on the strength of fake invoices followed by admission during interrogation made to five existing dealer of Panikoili, Baripada, Rasgovindpur, Bargarh, Puri and Balasore.
