The Anti-Evasion Wing of the CGST & Central Excise, Thane Commissionerate has unearthed a major fake Input Tax Credit (ITC) fraud involving fraudulent claims of approximately ₹47.32 crore.
The case was detected through internally developed intelligence and advanced data analysis tools. Investigations revealed that M/s. KSM Enterprises, operated by Vivek Rajesh Maurya, had fraudulently availed and passed on ITC without any actual supply of goods or services. A search conducted at the residence of Maurya led to the recovery of incriminating evidence, including multiple bank passbooks, cheque books, several mobile phones, and documents related to numerous fraudulent firms.
During investigation, Maurya admitted to masterminding the fraud, earning commissions, and benefiting directly from the illegal proceeds. He was arrested on August 19, 2025, and produced before the Judicial Magistrate, Thane, who granted judicial custody of 14 days.
Further investigation in the case is in progress.
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