GST Department Exposes ₹3.28 Crore Tax Evasion in Major Crackdown Ahead of Diwali, ETCFO
Ahmedabad: In a significant crackdown, the state GST department recently uncovered a Rs 3.28 crore fraud from unbilled sales in the B2C sector.
The department conducted targeted inspections in Surat, Bhavnagar, Kalol and other locations prompted by specific intelligence indicating large-scale unreported transactions in the lead-up to the Diwali season.
The investigation targeted businesses dealing in high-demand goods like fireworks, ice cream and textiles. All the traders involved were found to be holding substantial quantities of unaccounted stock and were conducting numerous unbilled transactions.
A fireworks business in Bhavnagar led with an evasion of Rs 1.72 crore, followed by another fireworks trader in Surat evading Rs 41 lakh. In Amreli, an ice cream dealer was found to have evaded Rs 30 lakh, while a textile trader in Gandhinagar evaded Rs 85 lakh.
