Almost 20 companies had their bank accounts sealed after an intensive operation done by the tax department on all those taxpayers who had not filed up their GST returns on time even after a considerable liability.
While there was a tax collection of around 4 crore rupees from the defaulter taxpayers as the VAT department is soon to recover dues from the old regime tax liability.
The tax department has earlier sent multiple notices to these concerning companies and alerted them to file their GST return on time but there was no heed to the notices.
This made department to take a strict action towards the taxpayers and had their bank accounts sealed after which they will not be able to handle or initiate any transactions from their accounts.
The department also stated that from past 7 months, the companies were not paying taxes and not filing GST returns which ended up in this particular action.
Earlier there were 2 accuses arrested by the additional commissioner and assistant commissioner of the Law enforcement team finding that both the accused made fake transactions to claim input tax credit.
The intelligence department sorted this finding and took prompt action finding issuance of fake invoice of Rs. 45.94 Crore. The duo was issuing the fake invoice to each other and was claiming input tax credit with no legal evidence.
