Indian Tax Solution

Rs 50 crore GST evasion detected, 3 firm owners booked; FIRs filed

The department of commercial tax registered FIRs against three individuals for tax evasion of Rs 50 crore. The owners of the firms had used forged electricity bills and signatures to register their firms and then purchased goods from manufactures and evaded tax by filing only the 'e-way bill'. The firms are based in New Delhi, Uttarakhand, Madhya Pradesh, and Ghaziabad.

Assistant commissioner (commercial tax) Varun Tripathi said, "Some companies which got registered in last week of September started placing orders worth crores in October first week, raising suspicion of foul play."

The owners of three firms had ordered packaging material giving fake address of godowns and offices. SHO Hazrataganj Radha Raman Singh said that FIRs have been registered for cheating, forgery of valuable security, forgery for purpose of cheating, forging a genuine document. Officials said that the suppliers are also under scanner.

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