‘The Accidental Prime Minister’ director arrested for GST fraud

The Accidental Prime Minister

New Delhi, Aug 3: Director of ‘The Accidental Prime Minister’ Vijay Ratnakar Gutte has been reportedly arrested for his alleged involvement in Goods and Services Tax (GST) fraud of at least Rs 34 crore. 

According to The Indian Express report, “The Directorate General of Goods and Services Tax Intelligence (DGGSTI) held Gutte in Mumbai “.

He has been booked under Section 132 (1)(c) of the CGST Act, which involves the wrongful availment of input tax credit using bills and invoices.

The filmmaker’s company VRG Digital Corp Pvt Ltd, has been accused of taking “fake invoices” involving GST of Rs 34 crore for animation and manpower services received from Horizon Outsource Solutions Pvt Ltd, a firm which was under the scanner of central probe agency for GST fraud of amounting around Rs 170 crore.

Citing court documents the report claimed that VRG Digital Corp had also asked for a cash refund of Rs 28 crore from the government agency against CENVAT (Central Value Added Tax) credit which was received for the fake invoices since July 2017.

Vijay Ratnakar Gutte is a son of Sugar baron Ratnakar Gutte, who also contested the 2014 assembly elections from Gangakhed in Parbhani district as a candidate of the BJP-led alliance but wintnessed defeat.

WeForNews 

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