Ahmedabad Court sends Bhavnagar bogus billing scam accused to 7-day remand
May 15, 2023
Ahmedabad: The Ahmedabad Crime Branch has obtained a 7-day remand of Sarvar alias Sahil Shabbarali Shaikh, the accused from Shihor in Bhavnagar, in a case involving tax fraud through the use of 86 shell companies to create bogus bills.
The accused Sarvar Shaikh obtained input tax credits worth crores of rupees by reopening the firms closed by the GST department through settlements. Sahil, the accused, was produced in the Ahmedabad Metropolitan Court with a request for a 14-day remand.
The bills were created through 86 companies associated with Taufiq Saiyad alias Bapu, a resident of Paldi, and involved transactions conducted through bogus billing. Sahil, the accused, provided his partner Altaf Sakarwala with more than 100 fraudulent purchase and sale bills. Gajanan Enterprise, a company, received an input tax credit of Rs 1.54 crore from Nandan Enterprise, Bharat Trading, and Anjani Enterprise. Additionally, 16 companies received an input tax credit of Rs 1.37 crore. These 16 companies have been ordered to present their purchase and sale bills for further investigation. DeshGujarat
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