Thu. Sep 28th, 2023

Chandigarh-In continuance with the on-going particular drive to detect the Goods and Services Tax (GST) evasion in iron and metal trade, the cellular wings of Tax division on Monday inspected 12 furnaces and detained 60 automobiles throughout a shock operation at Mandi Gobindgarh.

Disclosing this in a press communiqué issued right here, Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema stated that this operation was carried out by the cellular wings of State Investigation and Preventive Unit (SIPU), Ropar, Patiala, Shambhu and Jalandhar. “The raid was focused on scrutinising vehicles carrying iron scrap and finished goods. Most of the vehicles subjected to action lacked the necessary e-way bills corresponding to the transported goods”, he added.

Revealing additional, the Finance Minister stated that the additional investigations revealed purchases had been from non-compliant entities that haven’t contributed taxes to the federal government treasury. After an intensive inquiry, these automobiles might face fines exceeding to Rs 2 crore, stated Cheema.

Giving stern warning to the tax evaders to right away cease their unlawful actions, Harpal Singh Cheema stated that repeated stories of GST evasion by sure corporations and vehicles have reached consideration of the division, thus, clear instructions have been issued to the Finance Commissioner (Taxation) Vikas Pratap and Tax Commissioner Arshdeep Singh Thind to randomly plan such shock inspections to nab the tax evaders.

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