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.
Mangaluru, Oct 24: A final year degree student, who had gone absconding after attacking his college principal last week for denying him hall ticket to appear for examination, was finally arrested by Mangaluru city police after four days of hunt.
Comments
Can't justify this act.......
For \TWO SLAP\" principal has admitted 2 days in hospital and politicize the internal issue through community/paid media.
I am not supporting this student but there is some reason behind this slap. Don't bring politics, community and ego in this issue and solve internally."
Brother Alwyn.. Dont pull this issue to political & drag muslim organisation.... Person who has done the mistake ofcourse he has to be punished.. no matter to which community he is belonged to...
Without any knowledge dont comment blindly....
IF you look at the Video there were more persons involved in the planned attack. Campus front of india, Popular Front of India, KFD, SDPI, Muslim League should join hands together to save Muslim student shahnavaz. other wise he will be in trash.
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