Bengaluru, Jun 26: Karnataka's Commercial Taxes Department has sealed off an undeclared warehouse with imported goods worth Rs 4 crore in Bengaluru and found 60 GST registrations linked to a Chinese national from Wuhan.
The tax department officials found 25,446 China-made electronic and fast-moving consumer goods worth Rs 4 crore stored in the warehouse which was not declared to the tax authorities.
Commissioner of Commercial Taxes MS Srikar said in a statement that the officers noticed that one person from Wuhan City, China, got the premises in Bengaluru on lease.
They also found that about 60 registrations (both central and state jurisdictions) under the GST Act, in the name of a number of persons for online trading of imported China-made goods, had a single address which was vacant.
Most of the registrations were found irregular in the filing of returns and payment of tax. Majority of the firms either filed nil returns or were non-filers. The registration data showed that one business was registered in 2017-18, 43 in 2018-19, 14 in 2019-20 and two in 2020-21. Most of the 60 firms were private limited companies and 24 persons were interchangeably directors in 58 firms.
At the time of raid, neither the lessee, the Chinese national, nor any of the other 59 registered taxable persons were available at the business premises and no one came forward to participate in the proceedings in spite of providing sufficient time.
It is learnt that the Chinese national is operating the business from Wuhan City since January 2020 with the assistance of some of his agents/employees in Bengaluru.
It has also been learnt that multiple registrations are being taken for a better rating on e-commerce platforms, Srikar said.
The raids were led by Nitesh K Patil, Additional Commissioner, Enforcement, South Zone.
The Commercial Taxes Department is closely watching the genuineness of newly registered persons and conducting post-registration verification visits.
Any registration taken with mala fide intention of evading taxes will be dealt with seriously, the Commissioner said.
Comments
Madam, please remove the zero which you added by mistake.
one bachali is telling central investigation agency also working anthe ... papa enu madakke agalla .. madrasa training effect .. tale odedare naalku akshara iralla ivakke 4 illi , mele 72 reserve bere ... hahaha ... sadya mossad hesaru helalilla ... hoganna kabbadii adu hogu ... fish sales mugididre ... hahaha
Nobody can stop us from grabbing the power , we will show the mighty power when election is nearing it ... shobakka no need to reveal . it is done we will get 150 at any cost ... permanently we should send the khangrace to their home .. becoz jihadists are using it as cover .
Pokkade?
At least Start Master Bhagawat Programme to produce more than 10kids, get marry more than one, Shobakka why are you not Co operating with your Great leaders request, now you looks like 50's above can not produce more at least try your level best to do something for Master Bhagath's request do not Bark Fate of Kannadigas now!!!!!! we will see when battle starts, Till then you co ordinate your Criminal RSS Sabb.
Jai Hind.
Jai Hoo Modianna
Jai Hoo Siddanna.
keep dreaming everyday!!! utter loss this year.
shobakka, the central intelligence agency is working for bjp rss and vhp.
people will decide who will come to power....
I think shoba had a bad dream last night... Come on Shoba Wake up wake up.. Stop dreaming and get back to some work.
What a Joke, Shobakka should join Comedy Circus.Thank god she did not mention Yeddy as C.M and akka as Deputy C.M.
Shobha learnt Jothishya Shastra?
Dil ke behlane ko Ghalib, ye khayal accha hain.
HA ha ha ha ha ha ha
\DREAM GIRL\""
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