A serious tax fraud has been uncovered by the State Commercial Tax Department in Hyderabad. The discovery came just one day after Chief Minister A Revanth Reddy assessed the state’s tax collections. The company involved is Keeshan Industries LLP, a major private firm in the city.
Officials, acting on credible information, carried out inspections at the company’s manufacturing sites in Hyderabad, a warehouse in Bansilalpet, Secunderabad, and other locations in Kalakal Automotive Park, Medak district, and Muppireddipalli villages.
Initial investigations suggest that Keeshan Industries LLP issued tax bills for copper goods that were never actually transported. Empty vehicles traveled from Telangana to Maharashtra, but the paperwork falsely claimed they were carrying heavy goods. These fraudulent bills are believed to be worth over Rs 100 crore.
The fraud was discovered through an analysis of toll gate data from the National Highways Authority of India (NHAI). The data showed no vehicle movement, yet e-way bills indicated goods were in transit. The company allegedly claimed about Rs 33.20 crore in Input Tax Credit (ITC) through these fictitious transactions. This case marks the first of its kind GST fraud in Telangana, highlighting a concerning new trend in tax evasion.
During the raids, officials seized various pieces of evidence, including account books, registers, hard disks, and CCTV footage. A formal complaint has been lodged with the Deputy Commissioner of Police, Central Crime Station (CCS), Hyderabad, to initiate a criminal case against the company’s directors, Vikash Kumar Kishan and Rajneesh Kishan.
In a related case, DSTO Majeed Hussain from the Mehdipatnam-1 Circle, Charminar Division, uncovered another fraud. The vehicle AP29TA7213 had been stationary since June 2025, yet multiple e-way bills used its details. This activity violates the CGST Act, 2017 and sections 318 and 336 of the Indian Penal Code (IPC). A complaint has been filed against the vehicle’s owner, and an FIR has been registered.
Officials emphasized that the government is taking stringent steps to thwart illegal activities that undermine tax revenue. The Commercial Taxes Department is actively working to combat all forms of tax fraud.
