Ed conducted a search in Jharkhand and West Bengal. File | Image source: PTI
Official sources said the Enforcement Bureau conducted a search in Jharkhand and West Bengal on Thursday (May 8, 2025) as part of a money laundering investigation related to a series of “fraudulent” GST invoices.
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ED suspects that defendants Shiv Kumar Deora, Sumit Gupta and Amit Gupta allegedly generated fake invoices worth Rs 14,323 crore, resulting in ITC failure (enter the tax credit) exceeding Rs 8,000 crore.
They said the searches were designed to collect documents and assets related to the provisions of the Money Laundering Act (PMLA).
publishing – May 8, 2025 at 09:50 AM IST
