In one of the biggest crackdowns on tax evasion in recent times, the Directorate General of GST Intelligence (DGGI), Guwahati Zonal Unit, has busted a massive Rs 83-crore fraud involving clandestine operations by businessman Mukesh Agarwal (46), identified as the key figure behind M/s Balaji Concast and M/s Balaji Steel Rolling Mills.

According to official sources, Agarwal was found to have secretly manufactured and supplied MS Ingots and TMT Bars without issuing GST invoices, thereby evading tax to the tune of approximately ₹83 crore. The act constitutes a serious violation of Section 16 of the Central Goods and Services Tax (CGST) Act, 2017, which mandates proper documentation and invoicing for availing input tax credit.

Agarwal was arrested following a detailed investigation and reman

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