LITTLE KNOWN FACTS ABOUT KANPUR BUILDER RAIDED BY GST FOR TAX EVASION.

Little Known Facts About Kanpur builder raided by GST for tax evasion.

Little Known Facts About Kanpur builder raided by GST for tax evasion.

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The research teams combed eleven premises of Jain and two of his associates — a single is often a pan get more info masala manufacturer and the opposite is actually a transporter. The premises integrated manufacturing facility stores, offices, cold storages and petrol pumps in Kanpur, Mumbai and Gujarat. The raids began at the same time at 11am.

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in accordance with the GST Division, through the raids on the Shikhar Pan Masala plant, it had been uncovered that fraudulent invoices of less than fifty thousand rupees had been generated during the title of your bogus entity as a way to avoid building e-way bills.

The DGGI officers experienced raided your home as Section of a swoop on gutka suppliers inside of a tax evasion case, when they realised that a number of the walls were not quite aligned Using the structure of your three,000-moreover sq ft mansion. actually, they felt hollow.

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The I-T department raided your house and Workplace of perfume maker Piyush Jain, even though the DGGI individually raided the factory of a pan masala producer and Business of the transporter allegedly associated with evading tax worth crores by making use of faux invoices.

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additional troubles are looming for Piyush Jain since the Enforcement Directorate is now mulling to lodge cash laundering scenario against the Kanpur centered businessman, who was arrested by the GST group for tax evasion.

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200 cast invoices were also observed from four vans parked driving the transporter. if the factory’s stock was checked, a big disparity was found involving Uncooked materials and remaining products.

in the groundbreaking crackdown, the point out items and companies Tax (SGST) department has uncovered a vast network of tax evasion amounting to many crores in notable restaurants throughout the state.

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