The Ranchi zonal team of ED filed a charge sheet in a case of money laundering on 5 July 2025. This charge sheet has been filed in the special PMLA court of Ranchi. In this, four masterminds have been accused in the case of GST fraud worth more than Rs 5000 crore.
In the charge sheet, the four accused Shiva Kumar Devora, Mohit Devora, Amit Kumar Gupta and Amit Aggarwal alias Vicky Bhalotia have been made masterminds. The entire case is related to a large GST input tax credit (ITC) fraud, which started the investigation based on several complaints from Directorate General of GST Intelligence Jamshedpur.
Fake company was making fake company
ED investigation revealed that Shiva Kumar and his associates had prepared a trap of 135 fake companies. These companies were present only on paper and their real business was nothing. Fake invoices worth about 5000 crore rupees were made in the name of these fake companies, through which no real goods or service were given.
Through this entire fraud, fake ITC of about Rs 734 crore was generated, which was sold to many other companies with commission. These companies used this fake ITC to protect their GST liability.
Property attached to crores
ED has attached a total property worth Rs 5.29 crore in this case so far. Rs 8.98 lakh cash has been seized and Rs 62.90 lakh has been freezed bank balance. Earlier, ED conducted a search operation at several locations in Jharkhand and West Bengal.
More revelations in the case are yet to be made
After investigation, all four accused Shiva Kumar, Mohit, Amit Kumar Gupta and Amit Aggarwal were arrested on 8 May 2025. All are currently in judicial custody. According to ED officials, the investigation of this case is still going on. There may be more revelations in this case in the coming days.
Report- Vedprakash Yadav
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