Story highlights

Investigation revealed Rs 12 crore tax evasion through fake ITC claims

Businessman absconded but was traced and arrested in Guwahati

Searches uncovered discrepancies in invoice records and tax filings

Officials from the Commissionerate of State Goods and Services Tax (GST), Assam, have arrested businessman Ujjwal Kumar Agarwal for his alleged involvement in a fake Input Tax Credit (ITC) racket worth Rs 12 crore.

According to the Finance (Taxation) Department, the arrest follows a detailed investigation that began on September 19, 2025, into suspicious financial transactions linked to Agarwal’s firm, M/s BKS Enterprises, based at Thana Road, China Patty, Tinsukia. The probe revealed a detected turnover of approximately Rs 66 crore, of which Rs 12 crore was identified a

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