GST raid on 14 showrooms in 11 towns of Odisha for tax evasion – The New Indian Express


Through Express news service

BHUBANEWAR: Launching a crackdown on unscrupulous traders, the GST enforcement wing on Wednesday, November 17, 2021 carried out simultaneous raids on 14 furniture showrooms in 11 cities across the state. Acting on the entries on the GST escape, officials led the raids in Bhubaneswar, Cuttack, Rourkela, Sambalpur, Berhampur, Bhawanipatna, Bargarh, Kendrapara, Bhadrak, Kantabanji and Balasore.

No less than 32 teams made up of around 136 agents were engaged in research and inspection of showrooms and manufacturing units. A physical inventory was underway at these places of business / manufacturing facilities and during their covert raids until the latest reports arrived.

Early reports indicated that most traders had paid an insignificant amount of tax in cash.
They have also been found to be involved in making / buying and selling goods for cash.
A senior GST official said that based on extensive analysis of data and intelligence gathered from various sources, simultaneous raids were carried out against several furniture manufacturers / wholesalers involved in buying and selling of furniture without tax invoices.

“During the inspection, huge quantities of high-value furniture were stored for illegal trade. The inventory process is expected to continue due to the large volume of materials and furniture, ”he said.

Most taxpayers have not been able to instantly produce regular account books such as purchases, sales and inventory register in front of inspection officers, indicating that they are disclosing their purchases and sales and the payment of the tax according to their own will and not according to reality. sales, the manager informed.
The GST commissioner instructed inspection officers to seize the unaccounted for inventory and complete the investigation shortly after producing a full set of books of account.

Meanwhile, the law enforcement wing, which simultaneously raided 18 jewelry stores in 12 different cities on October 4, found the companies had only paid Rs 12.66 lakh in cash in five months from April to August.

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