Rourkela: The GST officials on Thursday conducted raid at the houses of two businessmen in Rourkela and arrested them on charges of GST fraud.
The accused businessmen were identified as Amit Agarwal and another Subash Swain who is also linked with the fraud case.
According to sources, after receiving complaints against Amit for alleged involvement in fraudulently availing and passing of bogus input tax credit of crores of rupees the officials conducted a raid at his residence.
The accused duo had evaded tax to the tune of Rs 500 crore by opening accounts in family members’ names, added sources.
Reportedly, the accused persons are under police custody and will be forwarded to the court.