Excelsior Correspondent
KATHUA, Jan 24: The State Taxes Department under the supervision of Manzoor Ahmad Bhat, , Additional Commissioner, State Taxes, Administration & Enforcement, Kashmir under the directions of P.K Bhat , Commissioner State Taxes , State Government , carried out various inspections under relevant provisions of GST Act , 2017.
During the inspections it came to fore that certain dealers have devised a unique mechanism of hiding their inward and outward transactions by allotting codes to these transactions for the purpose of evading the taxes.
This dishonest practice has been detected and decoded by the Department and action as warranted under GST Law against the erring dealer has been initiated. The Department has recovered a demand of Rs. 3.70 crore including cess of Rs.1.65 crore during the current month from the erring dealers while carrying out the through examinations and scrutiny of books of accounts seized during the inspection, disclosures made by these dealers about their sales and purchases and through their GST returns.