# ED raids 9 premises in UP, Haryana over Rs 10.28 crore tax fraud 2026-08-24T09:13:09+00:00 | Governance | Indian Opinion Desk Corroboration: 2 independent outlets The Enforcement Directorate on Monday searched nine premises across Uttar Pradesh and Haryana as part of a money-laundering investigation into an alleged network that fraudulently generated and transferred input tax credit worth crores of rupees. The searches, conducted by the agency's Lucknow zonal office under the Prevention of Money Laundering Act, covered properties in Muzaffarnagar and Ghaziabad in Uttar Pradesh and Faridabad in Haryana. The case concerns Jambudwip Exports & Imports Ltd, which is accused of using fabricated invoices and e-way bills to create bogus input tax credit without any corresponding movement of goods. Investigators uncovered circular transactions, rapid movement of funds through several accounts and cash withdrawals involving multiple bogus entities. GST authorities established the fraudulent availment of Rs 9.63 crore in input tax credit and the onward transfer of Rs 10.28 crore, causing loss to the government exchequer. The ED is examining documents and digital records to trace the proceeds of crime and identify the beneficiaries. Further details are awaited. ## Indian Opinion Analysis Both sources report the ED searches with virtually identical facts, figures and framing: they lead with the raids, name the company, specify the amounts and describe the mechanism of bogus invoices and circular transactions. Neither source carries any critical comment on the ED's actions, any defence from the accused, or any questioning of the investigation's scope or methods. The coverage is uniform straight reporting that reproduces the official account without independent scrutiny or alternative viewpoints. The investigation is ongoing, and the next step will be any arrests or charges filed by the ED based on the documents seized. ## Coverage Coverage: 2 sources, 2 neutral - nationalheraldindia.com (neutral report) Leads with raids, reproduces official account without comment or criticism - hindustantimes.com (neutral report) Leads with raids, uses near-identical facts and no critical framing This story was synthesised by AI from the 2 sources linked above. Updated: this story now draws on 2 sources. Last updated 2026-08-24T21:41:52+00:00. Tags: Enforcement Directorate, Faridabad, Ghaziabad, Jambudwip Exports & Imports Ltd, Muzaffarnagar, Prevention of Money Laundering Act Canonical: https://indianopinion.org/ed-raids-9-premises-in-up-haryana-over-rs-10-28-crore-itc-fraud/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/ed-raids-9-premises-in-up-haryana-over-rs-10-28-crore-itc-fraud/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/