Vadodara court denies bail in Rs 7 cr GST ITC fraud case

Vadodara | Gujarat — In a strong message against economic offences, the Chief Judicial Magistrate court in Vadodara has rejected the bail plea of a man accused of orchestrating a multi-crore GST fraud through fake billing and bogus input tax credit claims.

Abhinandan Rajkishor Gupta, linked to M/s Aditya Enterprise and M/s Legro Overseas Pvt. Ltd., has been accused of generating fraudulent invoices and showing transactions exceeding ₹7 crore without any actual movement of goods, allegedly causing significant losses to the government exchequer.

Officials from the Central GST, Vadodara-II Commissionerate launched an investigation in December 2024 after suspecting irregularities in tax filings. During the probe, officers seized records, verified stock positions, and recorded multiple statements. Preliminary findings indicated that the firms existed largely on paper and were used to claim fake Input Tax Credit (ITC).

Gupta, a resident of Crystal Chowkdi in Ankleshwar, was arrested on January 22 under Section 132 of the CGST Act, 2017, which deals with serious tax evasion and fraud.

“The offence involves large-scale revenue loss and systematic misuse of the GST framework,” an official said, adding that the investigation is still underway.

Considering the gravity of the charges and the ongoing probe, the court denied bail on February 5. Authorities said further action may follow as the case unfolds.