Rs 1.73 cr tax evasion unearthed in Sirmaur

Rs 1.73 cr tax evasion unearthed in Sirmaur

A tax evasion of Rs 1.73 crore has been detected by officials of the State Taxes and Excise Department (STED) at Paonta Sahib in Sirmaur district.

Tribune News Service

Solan, February 17

A tax evasion of Rs 1.73 crore has been detected by officials of the State Taxes and Excise Department (STED) at Paonta Sahib in Sirmaur district.

Officials have finally woken up to check tax evasion after Central agencies detected evasion worth crores in the industrial areas of Paonta Sahib and Baddi.

Officials of the STED said two unregistered Punjab traders were found engaged in trading of iron, bricks, electricity items, etc. in Paonta Sahib since January 2020.

“Their premises were raided on December 2 and their record was secured from the local transport union and other sources. A turnover of around Rs 8 crore was detected in which goods had been transported in 400 trucks. A penalty of Rs 1.73 crore was imposed out of which Rs 68 lakh has been recovered. A sum of Rs 10 lakh was recovered today,” said deputy commissioner, State Taxes and Excise, Preetpal Singh, who headed the four-member team.

A penalty under the Certain Goods Carried by Road Tax and Additional Goods Tax amounting to Rs 10,50,651 has also been imposed. The traders have been directed to deposit the remaining amount in one month, said Singh.

Notably, the laxity of officials in the past has led to evasion of taxes worth Rs 6,000 crore in the Indian Technomac Company Limited in the Paonta Sahib area, whose officials had fled after closing their operations.

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