• Gujarat
More

    CGST Vadodara busted syndicate of illicit/ clandestine clearance of goods under invoices of fake firms

    Must Read

    27 February – Know your today’s horoscope

    Aries:Your rash behaviour could cause some problem to a friend. Today, seek the blessings of your elders...

    Lieutenant General PS Minhas GOS Konark Corps visits Golden Katar division

    Lieutenant General PS Minhas, General Officer Commanding, Konark Corps visited Golden Katar Division. This was the...

    Covid 19 cases reached 24614 in Vadodara after 46 new cases on Friday

    Total 45 discharged from hospital taking the total to 23794 The number of positive...

    The officers of Central GST, Vadodara-l Commissionerate, have busted a syndicate of illicit/ clandestine clearance of goods under guise of invoices and E Way Bills issued on the GSTIN of fake firms situated at Surat, Ahmedabad, Bhavnagar, Mumbai. The action was taken on the basis of specific intelligence as well as further data analysis on GSTN and E way bill portals.

    The officers have booked a case against M/S. M. K. Traders having their Principal Place of Business at GIDC, Makarpura, Vadodara, regarding Illicit/clandestine clearance of taxable goods without issuing of invoice and without payment of appropriate GST amounting to approx Rs. 73.89 Crore. As per the release, The modus employed by the taxpayer shows that they were indulged in illicit/ clandestine clearance/ supply of taxable goods, i.e. M. S. Scrap/ S. S. Scrap under the guise of E-way-bills of other registered but fake units.

    From preliminary scrutiny of the seized documents, the data available on E-way Portal/GSTN portal, it is found that M/S M. K. Traders has used credentials/GSTIN of 23 fake firms and prepared invoices and E-way bills of these firms and cleared its goods under cover of invoices/ E-way bills shown to be prepared by these fake firms. In total it has illicitly cleared goods amounting to approx Rs.432.51 Crores, involving GST to the tune of Rs. 73.89 Crore (approx.) without cover of legal tax invoice and without payment of appropriate GST.

    Illicit/clandestine clearance of goods without issuing of invoice and without payment of GST is an offense under Section 132 (1) (a) of the CGST Act, 2017.

    Mukim Noormohammad Pathan (Alias-Bhola Bhai), the main person of M/S M. K. Traders, dealing with all operational activities of the firm, has been arrested on 07.11.2020 and was produced before the CJM, Vadodara on 09.11.2020, after the medical examination and COVID test. Mukim Noormohammad Pathan has been sent to judicial custody by the Chief Judicial Magistrate. Further investigations are in progress in this matter.

    Firm action has been taken by Vadodara Zone in this financial year of 2020 – 21, has resulted in detection of 83 cases involving GST evasion of 240 Crores and 5 accused have been arrested so far.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Latest News

    Emraan Hashmi and John Abraham on Mumbai Saga’s theatrical release: It’s a big-screen experience

    After a long wait, the trailer of Sanjay Gupta’s gangster drama, ‘Mumbai Saga’ is finally out and...

    Lieutenant General PS Minhas GOS Konark Corps visits Golden Katar division

    Lieutenant General PS Minhas, General Officer Commanding, Konark Corps visited Golden Katar Division. This was the first visit of Lieutenant General...

    Covid 19 cases reached 24614 in Vadodara after 46 new cases on Friday

    Total 45 discharged from hospital taking the total to 23794 The number of positive cases in Vadodara reached 24614...

    Father of Parul university student questioned the administration after she committed suicide in Vadodara hotel

    Sonam Kumari, studying in the first year in forensics and staying in a hostel at Parul University near Vadodara, committed suicide in...

    Emraan Hashmi and John Abraham on Mumbai Saga’s theatrical release: It’s a big-screen experience

    After a long wait, the trailer of Sanjay Gupta’s gangster drama, ‘Mumbai Saga’ is finally out and it is worth the wait....

    More Articles Like This

    - Advertisement -