Tax Evasion Over Rs 5 Crore Detected by Assam GST Dept During Raids

The State GST department in Assam has uncovered tax suppression of nearly Rs 5.8 crore during raids carried out at business properties in Jorhat, Barpeta Road and Tinsukia. As per the department, these investigations protect the state government from bearing losses due to tax evasion.

The investigation was conducted after some businesses were suspected of doing illegal activities, including wrong classification of goods, hiding sales information and wrongly claiming Input Tax Credit (ITC). The official statement issued on Friday confirmed that a major amount has been recovered as the investigation remains ongoing on such illegal tax practices to evade taxes.

As per the statement, the officers from the Barpeta Road Unit raided M/s Apsara Beej Bhander on Thursday. The investigation showed mismatches between physical stock and audited stock, suggesting a tax evasion of around Rs 15 lakh and unreported sales of about Rs 3 crore. The exact amount is yet to be confirmed.

The officers from the Jorhat unit had earlier conducted a raid at M/s Dolly Glass and Décor on June 11, where they discovered proof of tax evasion in the E-Way bills, sale and purchase register and the trading accounts. The owner reportedly confessed to hiding sales and purchases, leading to tax evasion of around Rs 2 crore.

The raid conducted by officers from Tinsukia Unit at Jain Marketeers revealed ineligible ITC claims and no SGST paid in cash. Officials estimate Rs 20 lakh in tax evasion and Rs 80 lakh in suppressed sales.

The Department has warned that individuals engaged in such illegal tax practices would face serious legal consequences. The department’s investigation remains ongoing.