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The Gujarat State GST Department, which conducted a series of search operations on May 2 against seven Manpower Service Providers operating in Mehsana, Ahmedabad and Junagadh, found tax evasion to the tune of Rs 15 crore, the department said on Saturday.
A statement from the SGST department said, “During the course of the search proceedings, several serious irregularities were detected. It was found that certain service providers had collected GST from various government departments but had failed to deposit the same into the government treasury. Additionally, taxable services were deliberately misclassified and reported as exempt, to evade legitimate tax liabilities.”
The investigations also revealed alleged instances of wrongful claim and utilisation of Input Tax Credit (ITC) as well as suppression of turnover and discrepancies in records, including the maintenance of parallel books of accounts.
The estimated tax evasion detected during these operations stands in excess of Rs 15 crore, said the department, adding that this amount is likely to undergo an upward revision as cross-verification of records and financial data remains underway.
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