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
Mr. Anant K. Hegde is criminal and communal minded person, who can't tolerate the coexistence of people of different religions and castes in Kannada Nadu. Whatever the "guilty feeling" he has in his mind due to his own communal mind, he expressed it on Siddaramaih. He was already awarded with Ministerial Berth for his anti-Islam & anti-Muslim rhetoric and now he is using his "communal card" to divide the people. He may be promised to be conferred with "CM" post for this.
This is what he is now being trained by his "Saffron".
Mr. Hegde's statement is absolutely incorrect. Mr. Hegde is communal minded, so he likes communization in the country particularly in Karnataka and Mr. Siddaramiay likes peace and all religions are same there is no discrimination.
This speech should not be surprising for us. Whenever BJP feels they are in danger of loosing election or peopels support they start to take support of pakistan name. Now every indian knows BJP is the only benificiary of taking name of pakistan may be for that purpuse our prime minister went there and hugged him for supporoting him. BJP politics has gone too much cheap. GOd save our country.
Add new comment