Skip to main content
← back
Must-Read

Mumbai Bizman loses Rs. 1.3 Cr as “GST” to Fraudster impersonating CA

Update / Judgement Date

27 Aug 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Criminal LawGSTOther Legal Matters

A Mumbai-based businessman lost ?1.3 crore in GST payments to a fraudster impersonating a Chartered Accountant (CA). The fraudster provided the businessman with a fake GST registration and siphoned off the tax payments. The case highlights the risks associated with fraudulent tax professionals and the need for businesses to verify the credentials of their advisors. Authorities are investigating the matter, and the businessman is seeking legal recourse to recover the lost funds.