UditVani, Jamshedpur : In a major action against tax evasion, the Directorate General of GST Intelligence (DGGI), Jamshedpur, has arrested Bokaro-based businessman Pradeep Kalbalia for his alleged involvement in a Rs 200-crore fake GST input tax credit (ITC) racket.
The accused, a resident of Chas in Bokaro, was brought to Jamshedpur on Wednesday after his arrest.
Following a medical examination, he was produced before a local court and remanded to judicial custody.
The operation was carried out under the supervision of the DGGI Patna Zonal Unit, with co-ordinated efforts by the Jamshedpur team.
During the raids, officials seized over Rs 50 lakh in cash, several incriminating documents, fake invoice books, mobile phones, pen drives, computers, and laptops.
Multiple bank accounts linked to the accused have also been frozen, officials confirmed.
Preliminary investigation revealed that Kalbalia had floated a web of shell and proxy companies to generate and circulate fake invoices, enabling fraudulent claims of input tax credit worth more than Rs 200 crore.
The accused also allegedly used fabricated banking transactions to conceal the ITC fraud.
The DGGI Jamshedpur team comprised Assistant Director Sarthak Saxena, Additional Director Rajesh Roshan Toppo, Deputy Director Roshan Kumar Mishra, Superintendent Bablu Singh, and several other officers.
Officials said further investigations are underway to trace other beneficiaries and collaborators involved in the GST evasion network, which may have links beyond Jharkhand.
