PANAJI
The Economic Offences Cell (EOC) of Goa Police has booked a Belagavi-based man for allegedly orchestrating Rs 10.06 crore Goods and Services Tax (GST) fraud by manipulating the GST portal and fraudulently claiming input tax credit (ITC). The accused is identified as Naqeeb Mulla.
As per details shared by police, the offence was registered based on a complaint filed by Imran Khatare, alleging that between January 1, 2022, and June 20, 2024, the accused introduced himself as a “GST and tax consultant” and was engaged to manage indirect tax filings of the complainant’s business entities.
“The complainant had instructed the accused to file nil returns for the Goa-based resort, which had ceased operations following a sealing order of the High Court. The accused was allegedly entrusted with GST login credentials, sensitive data and OTPs for statutory filings of the complainant’s Goa and Karnataka-based entities,” the information stated.
The EOC alleged that the accused misused the access to manipulate the GST portal by entering fictitious outward supplies and wrongfully claiming ITC worth Rs 10.06 crore in the name of the complainant’s parent company without any actual supply of goods or services.
“Out of the fraudulently generated credit, ITC worth Rs 7.19 crore was allegedly transferred to the accused’s own firm, M/s Federal Logistics and Company, and further routed to M/s Matrix Engineering and Services, operated by one Shabbir Huseni Chunawala. The transactions were allegedly paper-based, with no genuine invoices, movement of goods, transport documents or banking trail,” it said.
The EOC said the alleged acts resulted in financial loss, forgery of statutory records and reputational damage to the complainant, besides cheating the authorities.
