Hisar, J.N.N. Gift cards were being used continuously for the last year and a half for two years. During this, fake bills worth thousands of crores will also be cut. Because all those who did this work were using these cards in transactions in every way. In such a situation, the Central GST (Goods and Services Tax) Department suspects that through these bills, how many firms or middlemen would have claimed the tax refund as well. From day one, the department has been suspecting that fake firms may have made a mess in IGST (Integrated Goods and Service Tax) by passing fake credit.
Often, IGST has to be paid for movement from one state to another. The merchant then claims a refund on the goods. In such a situation, the investigation of the department is also going on in this direction. However, it will be clear only after the fact is revealed, what other mediums were there, through which it continued to be fake.
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Firms can recover from
According to departmental sources, he is now preparing for recovery from these firms on a large scale. To a large extent, the image of these firms has also been prepared. Which includes firms associated with Hisar and Fatehabad. All have already been written to join the investigation. Along with this, the Goods and Services Tax of more than one crore rupees had already been paid. Authorities also appeared late in their office till Monday evening to assess the GST theft.
This is a gift card fraud case
Some firms of Hisar, Fatehabad, Sirsa and Jind came to the notice of the Central GST Department, which had transacted crores of rupees. The transaction was done through a gift card, in which the government did not even receive 18 percent GST on commission. Along with this, some other irregularities have also come up.
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