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Telangana Man carries out Rs 138 cr of fraud transactions:- A man from Jagtial named M Chanda Sai Kumar was apprehended by officials from the Commercial Taxes department for engaging in deceitful activities resulting in transactions worth Rs 138 crore. The accused managed to obtain the GST login credentials of unsuspecting individuals who had already shut down their businesses. He then utilized these logins to generate fraudulent transactions for multiple enterprises.

These businesses subsequently used these transactions to evade tax payments, resulting in a total of Rs 138 crore upon initial investigation. The case was brought to light by the Joint Commissioner (ST) in Karimnagar, who promptly reported it to the SGST Commissioner in Hyderabad. State enforcement authorities carried out searches in two locations, gathering crucial evidence that ultimately led to the arrest of the accused.