The Directorate of Revenue Intelligence (DRI) has sealed the office of a private company—M/s Areeb Alloy Industries Pvt Ltd—located near Dr. S Kumar Square in Mughalpura, Moradabad. The action, which took place on Wednesday, July 23, 2025, is linked to an ongoing investigation suspected to involve a ₹600 crore GST bill scam, according to local sources.
The action was carried out by the Ludhiana Zonal Unit of DRI, which pasted an official seizure notice on the premises and prepared a Panchnama (seizure record) on-site. While no formal press release has been issued yet, the notice posted on the company’s door states that the property has been sealed under DRI authority and tampering with the seal is strictly prohibited.
The company, registered on January 20, 2017 under the Kanpur Registrar of Companies, has now gone completely inactive following the raid, with no staff visible at the premises post-sealing.
Suspected ₹600 Crore GST Scam, Accused Held at Delhi Airport
Though no official figures or departmental statements have been released, residents and unofficial sources claim the DRI’s action is connected to a massive ₹600 crore GST bill fraud. As per verbal communication from officials on-site, the raid was part of a broader investigation involving fake invoices, fraudulent Input Tax Credit (ITC) claims, and possible multi-state tax evasion.
In a major development tied to the probe, one accused was reportedly arrested from Delhi Airport, though authorities have yet to confirm this publicly. The case is believed to involve inter-state fake billing networks operating under the guise of legitimate businesses like Areeb Alloy Industries.
Senior Intelligence Officer Amit Kumar Gautam has been listed on the posted notice as the contact point for further information, along with email IDs of other involved officers. As per the notice, the seal can only be opened with explicit written permission from the DRI.
Quiet Surroundings, No Official Word Yet, But Investigation Deepens
Despite the gravity of the operation, no government agency—including the DRI, GST Council, or Enforcement Directorate—has released any public statement regarding the case, leading to widespread speculation. However, the presence of the Ludhiana Zonal Unit, combined with unconfirmed reports of arrests and financial irregularities, suggests the matter could unfold into a major tax evasion bust.
Local residents report that the firm had been operating quietly for years, and the sudden sealing of its office has caused concern and curiosity in the business community. All eyes are now on the DRI for the next phase of enforcement and formal disclosure regarding the total amount defrauded and the identities of those involved.