Vijay Ratnakar Gutte, director of the film, The Accidental Prime Minister, and son of sugar baron Ratnakar Gutte, has been arrested by the Directorate General of Goods and Services Tax Intelligence (DGGSTI) in Mumbai for alleged Goods and Services Tax (GST) fraud of at least Rs 34 crore. Vijay Gutte’s firm, 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 company that has come under the scanner of the government agency for GST fraud of over Rs 170 crore. According to court documents, VRG Digital Corp has also wrongly claimed a cash refund of Rs 28 crore from the government against CENVAT (Central Value Added Tax) credit received for these fake invoices since July 2017. (As per IE report)
Vijay Ratnakar Gutte, director of the film, The Accidental Prime Minister, and son of sugar baron Ratnakar Gutte, has been arrested by the Directorate General of Goods and Services Tax Intelligence (DGGSTI) in Mumbai for alleged Goods and Services Tax (GST) fraud of at least Rs 34 crore. Vijay Gutte’s firm, 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 company that has come under the scanner of the government agency for GST fraud of over Rs 170 crore. According to court documents, VRG Digital Corp has also wrongly claimed a cash refund of Rs 28 crore from the government against CENVAT (Central Value Added Tax) credit received for these fake invoices since July 2017. (As per IE report)