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. Jayant is the senior most Justice in the country and as per seniority should have been made the Chief Justice of any High court. But as a reward for his honesty he is punished and victimised. Indian citizen lost their confidence in Legislature and Executive, now even Judiciary is under the clutches of Fascit forces. God save our Democracy & secular India.
You have to pay price of your honesty. But History will always remember you for your commitment
Politics politics... everywhere politics... it happen only in india
Merely because he is honest or independant judge does not mean that he is to be elevated according to his wishes.If he has resigned in protest against his transfer to Allahabad High Court than there should not be any uproar about it. He is a judge who is bound to render justice any where he is posted both honestly and independantly.
Sad to hear. One more victim of politics. In our country there is no SYSTEM in the POLITICS but there is POLITICS in all systems.
Transfer issue may be the reason. He might earned much so he dont want job anymore.. happy retirement
Why that much importance giving to him. He dont want to work so resigned. thats it
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