The Goods and Services Tax ( GST ) regime, India’s historic tax reform turned one year and three months. When the Government is struggling to achieve the revenue target, the GST department has detected around Rs. 4400 Crores of tax evasion till date.
In simultaneous searches at four business establishments in Jaipur, the Directorate General of GST Intelligence detected tax evasions to the tune of Rs 35 crore. This was in connection with the searches carried out by teams of DGGI’s Jaipur zonal unit at Swastika Electricals and Fertilizers, Gadia Sales, Galaxy Concab India Pvt. Ltd and Oriental Sales Corporation.
It was found that the businesses were not paying taxes and not filing statutory returns. All incriminating documents were seized. The department also recovered an amount of Rs 19.18 crore during the searches.
In another case, the directorate general of GST intelligence recovered Rs. 25 lakhs in a raid at Sambodhi Retreat, a luxury resort in Bodh Gaya.
The raid continued till Thursday morning. Officials said investigations were on to ascertain the exact amount of tax evasion. The team which conducted the raid included additional director General Rajendra Singh and additional director Aslam Hasan.
