Enforcement Directorate files chargesheet in GST fraud case

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The Enforcement Directorate (Lucknow unit) filed a prosecution complaint in connection with a GST fraud allegedly committed by Bhadohi-based Ashok Kumar Singh and his wife Sheela Singh. The accused Ashok Kumar Singh is also the national president of Samaj Vikas Kranti Party and had contested the Lok Sabha election from Jaunpur in 2019.

The ED said that shell companies in his name and in the name of his wife, Sheela Sales Corp, were unearthed during the probe. Sources said that the accused showed a business of Rs 334 crore on fake transactions and receipts. The accused and his company had also made fake GST of Rs 65 crore. The probe revealed that Ashok issued fake bills to more than 300 companies.

The ED in its probe stated that Sheela Singh is a director in Sales Corporation along with M/s Chandan Sagar Sales Pvt. Ltd. and M/s Chandan Sagar Construction Pvt. Ltd.

All these entities are involved in fake trading business, said ED. Sources said that they purchased goods from one party and after getting a reasonable margin sold the same to other parties.

From his bogus firms, they sold all the fake goods of his firm M/s Sheela Sales Corporation to the following companies – M/s Chandansagar Sales Pvt. Ltd, M/s Chandansagar Construction Pvt. Ltd. M/s Sheela Sales Pvt. Ltd, M/s Struteco Infrastructure Pvt. Ltd, M/s Nitin Khimraj Kanungo and M/s Chandan Enterprises.

Source from: https://timesofindia.indiatimes.com/city/lucknow/ed-files-chargesheet-in-gst-fraud-case/articleshow/103705093.cms?from=mdr

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