Rs 4.41-cr penalty slapped on agency for tax evasion

Today News Online Service

Ludhiana, April 15

The anti-evasion wing of the Central Goods and Service Tax (CGST) Commissionerate, Ludhiana, has slapped a penalty of Rs 4.41 crore on a firm caught evading the tax during the transportation of goods, an official said here on Thursday evening.

She said acting on a tip-off, a truck was intercepted on the Ludhiana-Sahnewal highway. “As per e-way bill carried by the vehicle driver, the goods transported were declared as aluminum scrap (HSN 76020010) but when the container seal was broken and goods were examined by the enforcement staff, it was found that the container was carrying 39.6 lakh cigarettes (100 mm each) of four brands, four alloy wheels and 10,030 kg of scrap (prima facie iron),” the official revealed.

She informed that the goods were impounded and penal proceedings initiated. “The estimated value of tax evaded along with the penalty applicable under Section 129 of the CGST Act-2017 on the goods involved is Rs 4.41 crore,” she added.

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