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
100 percent the EVM was tampered..
there is no doubt.
but no one can do anything as already the top notch officials and investigators are greased well by the central champion liars..
we await return of lord rama to keep the rakshas away
Good courageous initiative by Mr.Lobo & Mr. Bava. Where are other congress MLA’s hiding? May be be afraid of CBI raids.
Bava done evrything for suratkal people. He has given modern face to suratkal.
Bava done everything for him. Not for people. He may suits for film, not for politics. He's just a publiocity seeker
Mr bava and lobo.. you cant make fool people all the time. People knew they elected bad people only for this time. But comparing to you people they are better.
These fools thought that they can win easily even after they are doing nothing good to people.
Why these people blaming EVM.What you done to people, they returned.
If they won, no issue with EVM. shame on you.
If EVM are not verfied properly it will take big step in 2019 as wellknown Adithyanath told EVM means every vote for Modi,the silence of opposition will give big boost for EVM in feature.
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