LUDHIANA: Ludhiana's yarn, garment and textile manufacturers had been on tenterhooks as taxmen swooped down on at least eight yarn industries, with pan India presence, in town on Monday.
Sources said, "The raids are being conducted by Directorate General of GST Intelligence (DGGI), New Delhi, at nearly 50 business houses in Punjab, Haryana and other states. The operation was kept under wraps so much so that not even the offices of DGGI in these states were aware of it initially. Besides, the DGGI headquarters has instructed the offices conducting the checks not to reveal about the operation till it was over."
Even as the department officials refused to remark, assets said the raids aimed toward checking GST evasion.
In every other case, the CGST commissionerate, Ludhiana, on Monday carried out raids on three Mandi Gobindgarh firms for their alleged involvement in bogus e-billing . The assessments on firms' accounts, financial institution details and stocks had been on till the filling of the record. Sources said, "It is suspected that that the firms evaded about Rs 6 crore GST."
Sources said, "The raids are being conducted by Directorate General of GST Intelligence (DGGI), New Delhi, at nearly 50 business houses in Punjab, Haryana and other states. The operation was kept under wraps so much so that not even the offices of DGGI in these states were aware of it initially. Besides, the DGGI headquarters has instructed the offices conducting the checks not to reveal about the operation till it was over."
Even as the department officials refused to remark, assets said the raids aimed toward checking GST evasion.
In every other case, the CGST commissionerate, Ludhiana, on Monday carried out raids on three Mandi Gobindgarh firms for their alleged involvement in bogus e-billing . The assessments on firms' accounts, financial institution details and stocks had been on till the filling of the record. Sources said, "It is suspected that that the firms evaded about Rs 6 crore GST."
Taxmen swoop down on 8 yarn units in Ludhiana
![Taxmen swoop down on 8 yarn units in Ludhiana]()
Reviewed by Kailash
on
February 26, 2019
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