Hyderabad Trader Detained For Alleged Rs 84 Crore Tax Evasion
Hyderabad trader arrested for Rs 84 crore input tax fraud.
Telangana’s Commercial Taxes Department has arrested a trader in Hyderabad for allegedly orchestrating a massive Goods and Services Tax (GST) fraud that resulted in wrongful Input Tax Credit (ITC) claims worth approximately ₹84.15 crore, authorities said Friday. The arrest follows an intensive probe into suspicious invoicing and credit practices that exploited the GST regime.
Officials identified the accused as Sandeep Kumar Goel, proprietor of SKG Trading Company, who was taken into custody under provisions of the Telangana GST Act, 2017 after investigators concluded that his businesses had claimed substantial ITC without legitimate supply of goods or services. The credit allegedly obtained through fabricated invoices led to a significant loss to the government exchequer, commercial taxes officials said.
The investigation revealed that the fraudulent transactions were not limited to Goel’s primary firm but also involved other entities linked to him, including HFC Steel Tubes and Valves and Vijay Industrial Needs LLP. In each case, officials allege that invoices were generated without actual delivery or receipt of goods, enabling improper ITC claims and demonstrating systematic misuse of the GST mechanism.
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As part of the enforcement action, the Commercial Taxes Department has cancelled the GST registrations of the implicated entities, signalling heightened scrutiny of compliance within the state’s trader network. Goel was produced before a competent judicial authority, which remanded him into judicial custody as further legal proceedings continue.
While authorities have emphasised that this arrest represents a significant outcome of recent enforcement efforts, they also noted that the case remains under active investigation. Additional inquiries seek to determine whether other individuals or businesses were complicit in the creation and dissemination of fake invoices, a tactic often associated with large‑scale tax fraud.
Telangana’s tax department has cautioned that strict action will continue against those involved in fake invoicing and fraudulent ITC claims, reinforcing the state’s commitment to safeguarding revenue and enforcing GST compliance. Officials said similar enforcement operations are expected to be undertaken as part of ongoing monitoring and regulatory oversight.
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