New Delhi

DGGI investigations revealed that accused Kabir Kumar created multiple proprietary companies on paper that were shown as based in Gurugram, New Delhi, Faridabad, Solan, Noida, Jhajjhar, and Sirsa etc.

Kabir had attempted to flee the city but was prevented from doing so at the IGI Airport by DGGI officials with support from the Customs and CISF officials, a Finance Ministry statement said.

During questioning, he admitted to the creation of 31 fictitious firms that had generated bogus invoices amounting to Rs 2,993.86 crore and input tax credit totalling Rs 392.37 crore, the statement added.

A laptop, mobile phones and 140 SIM cards were seized from his person.

Investigations at multiple locations in Delhi and based on documentary evidence and recorded statement, it was established that Kabir was the key person in orchestrating this racket of making fake firms on forged documents, the DGGI said.

Kabir, who was arrested on Thursday, was sent in judicial custody by a Duty Magistrate in Delhi.

Further investigations in the matter are in progress.

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