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
When poor people are killing daily they all are sleeping.
But when RSS goons are killed by gang war, they supporting that Goons. Because BJP- itself is a RSS Goons-Terrorists Party.
It is not bjp mps meeting it is the only rss announced meeting. By the support of media their rest of all ongoing meeting never came out or anounced. Why there is so much importat for rss group why not important given to INDIAN citizens life . Rss people daily taking innocent INDAIN citizens life all arround INDIA for NO reason.
Why our PM isdoing double standard. Where ever he go and speak he omit poison with castism. Attacking on minority Dalits. No the bjp criminal leaders forget democracy recently they were trying to de stabilize.. no bjp state government all over INDIA. Means they are playing against INDIAN citizens mandate. Insulting our great freedom fighter even they comparing MAHATMA GANDHI with their low grade rss people. Who never participated for INDIA's independence strugle. Our pm never respect human life even he did
not taken care of his wife then what he will take care of us . One who supporting this group must think and compare common man's life and security after INDEPENDENCE with present bjp govt's rule. Always fighting communal clash financial crise ; scarcity of food ; increase in common food items rate.
What will happen till next election - Only GOD have to save us from this dirty organization.
Jai Hind !
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