‘The Accidental Prime Minister’ director Vijay Ratnakar Gutte arrested for Rs 34 crore GST fraud!

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Vijay Ratnakar Gutte, director of the film, The Accidental Prime Minister has been arrested by the Directorate General of Goods and Services Tax Intelligence (DGGSTI) in Mumbai for alleged Goods and Services Tax (GST) fraud of at least Rs 34 crore.

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Gutte’s firm, VRG Digital Corp, has been indicted for taking ‘fake invoices’ under GST amounting to at least Rs 34 crore for animation and manpower services from Horizon Outsource Solutions Pvt Ltd, a company that has come under the scanner of the government agency for GST fraud of over Rs 170 crore.

Vijay Gutte has been booked under Section 132 (1)(c) of the CGST Act, which pertains to “wrongful availment” of input tax credit using bills and invoices that have been issued without any supply of goods or services.

According to the report, Gutte is not co-operating with the authorities and has been sent to judicial custody at Arthur Road jail till 14 August.

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As per the same reports, the remand application filed in court said, “The accused (Gutte) had not only availed of non-existent input tax credit (ITC) but further went ahead and fraudulently claimed refund of such ITC from the GST department on the strength of such fake/ bogus invoices to defraud state exchequer,” said the remand application filed in the court.

His arrest comes at a time when some of his father’s firms are facing allegations of Rs 5,500 crore bank fraud.

Vijay Gutte has so far produced films like Emotional Attyachar, Time Bara Vait and Badmashiyaan. The Accidental Prime Minister is his directional debut.

The film is an onscreen adaptation of Sanjay Baru’s book of the same name, who served as the media adviser to the former Prime Minister.

Written by National Award-winning filmmaker Hansal Mehta, the political drama will also have Akshaye Khanna

The film is expected to release on December 21.

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