GST: 50 Crore Evasion unearthed in Uttarakhand

GST Evasion - GST - Companies

The Goods and Services Tax ( GST ) department in Uttarakhand has detected an evasion of GST amounting Rs. 50 crores by 14 traders in Haridwar.

Earlier, 15 teams of the State Tax Department launched a massive campaign in Haridwar. The arrested traders have asked to deposit money in the treasury soon.

Under the leadership of Additional Commissioner Tax (Haridwar) Rakesh Tandon, a team of 40 officials and employees of the State Tax Department examined the GST in the establishments of 14 traders in Haridwar on Monday.

During the proceedings, it was found that merchants are not generating invoices through online on a regular basis. Not only this, duly giving returns are not even deposited. The undeclared turnover of more than 50 crores came to light during the investigation.

Most traders agreed to deposit tax only during the investigation and deposited in the treasury. “Soon other traders will also be examined,” Additional Commissioner Rakesh Tandon said.

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