Toy buying and selling agency caught in 6.25 crore GST fraud utilizing pretend handle and bogus e-waybills

The agency, M/s Bala Corporation, was discovered to have fraudulently obtained its GST registration by submitting fabricated electrical energy payments for a non-existent handle within the Somajiguda-1 circle of Khairatabad, beneath the Punjagutta division.

Investigation revealed that although the agency was registered for buying and selling toys and video video games, it generated 1,268 e-waybills between March and April 2025 for completely unrelated commodities together with cement, copper pipes, and plywood. Officials stated no precise items have been acquired or provided.

The proprietor, Nasari Vinod Kumar, is accused of violating key provisions beneath Sections 16(2) and 122 of the CGST/TGST Act, 2017. The agency allegedly claimed ₹6.25 crore in pretend Integrated GST (IGST) enter credit score and additional handed on ₹6.25 crore in pretend Central and State GST credit to 32 different taxpayers throughout varied jurisdictions.

Following a web site inspection carried out by ACTO Nagi Reddy, the GST registration of the agency was cancelled with retrospective impact from 25 February 2025. Letters have additionally been issued to the jurisdictional officers involved for initiating restoration proceedings in opposition to the 32 recipient entities that benefited from the bogus ITC.

A First Information Report (FIR) has been registered on the Hyderabad Central Crime Station (CCS) and an investigation is now in progress.