The searches are being carried out in a number of districts of the state, together with Ahmedabad, Bhavnagar and Jamnagar, in opposition to 122 companies.

In a multi-agency operation led by the Gujarat Anti-Terrorist Squad (ATS), officers are finishing up searches at round 200 areas within the state linked to greater than 100 companies, and questioning folks for suspected tax evasion and related offences, sources mentioned.

Apart from the ATS, officers of the state Goods and Services Tax (GST) division and Ahmedabad crime department are concerned within the mega operation, they mentioned.

According to the sources, the searches are being carried out in a number of districts of the state, together with Ahmedabad, Bhavnagar and Jamnagar, in opposition to 122 companies.

The authorities are questioning round 74 suspects on this connection and the operation is more likely to expose large-scale tax-related offences, they mentioned.

Several instances of issuance of bogus payments to commit enter tax credit score (ITC) fraud have been detected within the state in latest instances, the sources mentioned.