The GST Department (Maharashtra State), Investigation Branch-2, Nagpur, has arrested Mahesh Gurudas Keshwani, proprietor of M/s K & K Brothers (GSTIN-27AUPK8911C1ZD), for availing and passing fraudulent Input Tax Credit (ITC) worth ₹33.93 crore.
The firm, registered under MGST Act 2017 on July 1, 2017, allegedly claimed ITC without any actual movement or procurement of goods and services. The ITC was generated from registration-cancelled suppliers and subsequently passed on to other beneficiaries through bogus invoices.
During the investigation, it was revealed that Keshwani claimed ₹33.95 crore as input tax credit from non-existent suppliers. The fraudulent claim and its passing to other parties were done without any genuine transactions, amounting to large-scale tax evasion.
Authorities also discovered incriminating evidence, including system reports and records, confirming that Keshwani’s firm is part of a wider network engaged in issuing and claiming fake invoices to facilitate tax evasion through bogus ITC claims.
Keshwani was produced before the Judicial Magistrate, JMFC Court-06, Nagpur, and remanded to judicial custody until August 14, 2025.
This arrest is part of a special GST Department drive against fake invoicing and fraudulent ITC claims.
👉 Click here to read the latest Gujarat news on TheLiveAhmedabad.com