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
??? ??? ? ??? ???? ??????
Here every one had a mistake. No one not ready to take their responsibility. So we no need to blame any one. The only one solution to stop the accident the government would install radar to every 5KM gap on each corner of the raod with camera (as it is in Saudi Arabia) with maximum speed of 40K.M. per hour. If they crosses this speed they will be penalty of Rs.200/- minimum. If this is done definitely accident will slow down soon and every rider will be safe. But government will cost more once.
Think this traffic department to install and fix the device in every corner of the road.
Road Accident is a serious issue. Daily hundreds killed because of it in India. But unfortunately nobody ( both govt and public) doesn't take this matter seriously..
why we should have a car which has speed of more than 80km per hour. Better late than never...
Oh Gov't.., do something for the sake of innocents life which you can.....
Inna LIllahi Wa Inna Ilahi Rajoon!
Motor bike is not at all good for mangalore roads....it is a kind of death trap...traffic is increasing day by day...no space for small vehicles to move around...at the same time big truck entering from nowhere...overall this kind of accidents are invited every now and then...so tragic...we need to ban motor bikes...most of young boys and couples are getting killed...so sad...
Inna lillahi vainna ilaihi rajihoon, O Allah forgive them and make good here after to them
Add new comment