In a significant crackdown, the Arunachal Pradesh Police, in coordination with Darbhanga Police, apprehended two chartered accountants involved in a massive ₹100 crore GST fraud. The accused, Vipin Kumar Jha and Ashutosh Kumar Jha, are suspected of facilitating fraudulent GST return filings for various clients.
Their arrests came after an extensive investigation into the manipulation of GST returns, which led to financial losses for the government. The police action highlights the growing efforts to curb tax evasion and illegal financial activities across the region.
The investigation revealed that the two chartered accountants had been operating a network that assisted businesses in filing false GST claims, significantly inflating refund amounts. The fraud was discovered after a series of audits and tip-offs from industry insiders. Following their arrest, both Jhas are currently under police custody while investigations continue.
The case is expected to have far-reaching implications as authorities probe deeper into the network of businesses involved in the fraudulent activities. The police are working closely with other financial authorities to ensure a comprehensive understanding of the scale of the fraud and its impact on public finances.