6 firms carried out transactions with Punjab, HP companies

Tribune News Service

Chandigarh, August 29

The UT Excise and Taxation Department has found that the six Manimajra-based firms allegedly involved in tax evasion had carried out transactions with various firms in Punjab and Himachal Pradesh.

In July this year, the department had unearthed a racket of state GST evasion on Rs 61 crore turnover by M/s SR Agencies, M/s Global Home Solutions, M/s Polytech, M/s Euro Sales, M/s Amba Agencies and Rajat Enterprises.

A senior official of the department said they were verifying the details of the transactions and would soon seek records of the transactions for further investigation into the case.

The department had issued summons to the owners of the firms to appear before the department, he said, and added that except one, all other owners had submitted their documents. He said they were verifying the documents for further action in the case and would issue fresh summons to the owner who failed to appear before the department.

All firms dealt in items such as pipes and tiles and partners and owners of the firms were relatives or connected with each other.

All six firms had carried out sales of Rs61 crore during the GST period, but did not pay tax to the government and adjusted it against manipulated input tax credits. The firms were not being filing their GSTR-3B monthly tax returns since February 2020 onwards.

During preliminary investigation, the department found that the firms generated e-way bills using motorcycles, three-wheelers and even ambulance for showing transportation of goods.