GST Raids On Eateries Across City Continues
By: Admin
June 03, 2024
Categories: GST Recent News
4 Min Read
After the Central GST officials raided iron and scrap dealers and unearthed tax evasion of lakhs of rupees, the state GST officials have discovered details of crores of GST evasion and unbilled sales during preliminary investigation following raids on ice-cream parlours and juice & food centres. The three-day investigation continued on Sunday and the probe would likely reach many traders associated with the ice-cream and juice trades, said sources in the department.
As soon as the department received widespread complaints that the managers of Ahmedabad’s well-known Patel Ice Cream, Astodia Juice Centre, Surat’s well-known Bismillah and Mahalakshmi Juice and Fast Food Centre were not issuing bills, they started an investigation after receiving the green signal from Gandhinagar.
Since May 30, the GST enforcement teams have raided 24 big traders in Ahmedabad, Surat and Rajkot with a turnover of crores of rupees. Ice cream, juice parlours and food vendors are being investigated for the fourth consecutive day. The officials checked 47 premises of these 24 traders and found details of unbilled transactions worth Rs 40 crore in the preliminary investigation itself. These included details of Rs 30 crore worth of ice cream, Rs 6.75 crore worth of bhajiya and Rs 4 crore worth of pizzas.
The management of Bismillah, a well-known brand of Surat and the largest seller of thick shake in Gujarat, has opened its outlet in Ahmedabad as well.
To evade GST, it reportedly started 29 outlets without any contracts or agreements which are under investigation.
Benami Bank accounts on rent?
Miscreants are said to be renting bank accounts of needy people to start bogus firms and get bogus input tax credit and parking money in these accounts.
In ice cream parlours and juice centres, arrangements were also made to deposit money into the accounts of other people through QR codes. Officials are also investigating this angle, said a source.
Source from: https://www.ahmedabadmirror.com/gst-raids-on-eateries-across-city-