Meerut’s Economic Offences Wing (EOW) has arrested a wanted accused in a multi-crore Goods and Services Tax (GST) fraud case involving alleged tax evasion of over ₹10 crore in Muzaffarnagar. The accused, who had been absconding for nearly five years, was taken into custody and later handed over to the Mansoorpur police station for further legal proceedings.
Accused Arrested After Five Years
Officials confirmed that the case was originally registered in 2021 at Mansoorpur police station after serious irregularities related to GST fraud surfaced during an initial probe. The complaint highlighted large-scale misuse of fake documentation and shell companies to cause significant loss to government revenue.
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The arrested accused has been identified as Junaid Saifi, son of Nasir Saifi, a resident of Jahangir Patti, Sujdu Chungi in Muzaffarnagar. His name was specifically mentioned in the FIR, but he had managed to evade arrest for years by frequently changing locations and remaining underground.
According to EOW officials, the breakthrough came after sustained surveillance and technical intelligence inputs helped trace the accused. Acting on this information, a coordinated operation was launched, leading to his arrest on Friday.
Fake Firm Network Exposed
Police Superintendent Dr. Rajeev Dixit of the Meerut EOW sector confirmed that strong evidence had been collected against the accused during the investigation, clearly establishing his role in a planned GST fraud operation.
Investigators revealed that Junaid Saifi, along with his associates, had created a fake firm named “Shri Rajkamal Traders Muzaffarnagar.” The firm existed only on paper and had no real business operations, but was falsely projected as an active commercial entity to carry out fraudulent transactions.
Through this fake entity, the accused and his network allegedly facilitated fraudulent Input Tax Credit (ITC) claims for multiple associated firms. Fake invoices and fabricated transactions were used to illegally generate tax credits, resulting in substantial losses to the government exchequer.
ITC Claims Under Probe
Officials estimate that the total GST evasion in this organized racket amounts to approximately ₹10.68 crore. The scam is believed to have been executed in a structured manner, involving multiple layers of forged documentation and coordinated financial manipulation.
Given the seriousness of the case, the initial investigation was transferred to the Economic Offences Wing for a deeper probe. Since then, a dedicated team has been examining financial records, transaction trails, and company registrations linked to the fraud network.
Authorities stated that the accused was finally tracked down after continuous monitoring and intelligence-based inputs. Following his arrest, he was formally handed over to the local police station where further legal procedures are underway.
Wider Network Being Examined
Investigators also indicated that the probe is far from over, as preliminary findings suggest the possible involvement of several other individuals in the fake firm network. Efforts are underway to identify additional collaborators who may have played a role in the fraud.
Officials have termed the arrest a significant breakthrough in the case, given that the accused had remained elusive for years despite repeated attempts to apprehend him.
The EOW team is now conducting a detailed examination of financial transactions, digital records, and documentation linked to the fake company operations. Authorities believe that more arrests could follow as the investigation progresses further into the wider network.
