A Special Chief Judicial Magistrate court in Meerut has granted a 14-day judicial remand to an accused, Mohammad Aaqib allegedly involved in fraudulent Input Tax Credit (ITC) claims amounting to hundreds of crores.
The matter was investigated by the Directorate General of GST Intelligence (DGGI), Meerut.
The accused, identified as Mohammad Aaqib, was arrested on March 25, 2026, at approximately 7:40 AM. The prosecution alleged that the accused fraudulently availed ITC worth ₹276.16 crore by creating multiple fake firms using forged documents. It was further alleged that he, along with associates, passed on ineligible ITC through these entities.
Investigators also claimed that the accused fraudulently obtained GST refunds worth Rs. 18.22 crore through three firms. Additionally, Rs. 4.77 crore was allegedly transferred to his personal firm’s bank account. The total alleged tax evasion in the case is stated to exceed ₹294 crore, categorizing it as a serious economic offence.
During the hearing, the defense counsel argued that there was no concrete evidence supporting the allegation of Rs. 276.16 crore ITC fraud and sought dismissal of the remand application. However, after hearing both sides and examining the records, the court found sufficient material indicating the accused’s involvement in the creation of shell firms and fraudulent transactions.
The court also noted that all procedural safeguards were followed at the time of arrest, including preparation of arrest memo, seizure reports, and informing the accused’s relatives.
Taking into account the gravity of the offence and the scale of the alleged fraud, the court allowed the remand application and ordered that the accused be sent to judicial custody for 14 days. He has been directed to be produced before the court again on April 6, 2026.
The GST Department was represented by SPP Lakshay Kumar Singh.
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