Archive · 31 Jul 2025
Hyderabad Company Faces Rs 100 Crore GST Fraud Allegations
Keshaan Industries LLP, a company in Hyderabad, is accused of a large tax fraud.
They are suspected of creating fake invoices for copper goods sales, but no goods were actually moved.
The company sent empty trucks to other states while claiming they were carrying goods.
This allowed them to falsely claim about Rs 33.20 crore in tax refunds.
Tax officials are investigating the company and have filed a criminal case against the directors.
This type of fraud is considered new in Telangana.
Keshaan Industries LLP is accused of a Rs 100 crore GST fraud.
The company allegedly issued fake invoices for copper goods without actual movement.
Empty vehicles were sent to Maharashtra while documents falsely reported goods transport.
Approximately Rs 33.20 crore in fraudulent Input Tax Credit (ITC) was claimed.
A criminal case has been filed against the company directors.
- Who
- Keshaan Industries LLP, and its directors Vikash Kumar Kishan and Rajneesh Kishan.
- What
- A Rs 100 crore GST fraud involving fake invoices for copper goods.
- When
- Details not provided in the article.
- Where
- Hyderabad, Telangana.
- Why
- To illegally claim Input Tax Credit.
- Fraud Value
- Rs 100 crore
- Company
- Keshaan Industries LLP
- Location
- Hyderabad, Telangana
- Illegally Claimed ITC
- Rs 33.20 crore
- Modus Operandi
- Fake invoices, empty vehicle movement
- Actions
- Raids, criminal case filed
