GUWAHATI: The GST enforcement operation at Ratabari in Assam’s Sribhumi district continued on Tuesday, with the investigation team so far recovering ₹1.50 crore in tax from traders involved in tax evasion.
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“There are still many traders where operations will be conducted. The investigation team has found a huge amount of tax evasion in rubber trading,” an official from the investigating team said.
The official said the operation is expected to continue for several days.
The GST enforcement operation is being conducted at several rubber-related business establishments in Sribhumi over alleged tax evasion and the suspected use of fake Input Tax Credit (ITC) to discharge tax liabilities.
The operation is being carried out by the GST Intelligence and Enforcement wing of Assam, with assistance from Assam Police. The enforcement team is being led by Manuj Kr Dowari, Superintendent of State Tax, Assam.
The five establishments where the operation was previously underway are Kazirbazar Rubber Enterprise, associated with Sabbir Ahmed; Safeway Solutions, associated with Shamim Ahmed; Ujala Traders, associated with Dilruba Begum; United Commercial, associated with Foyez Ahmed; and T & T Trading & Company, associated with Abu Tahir.
According to officials, the taxpayers were allegedly using fake ITC to discharge their tax liabilities, resulting in significant revenue loss to the government.
Sribhumi has substantial raw rubber production, with large quantities of rubber being supplied to other states.
Further details are awaited.