Hyderabad, Sept. 25 -- The Rangareddy CGST Commissionerate has detected an alleged GST evasion of around Rs 5.68 crore through fraudulent registration of a firm as a Special Economic Zone (SEZ) unit and arrested its proprietor.
Acting on specific intelligence, officers of the Anti-Evasion Section conducted searches at the principal place of business of M/s Sri Tirumala Services at Palwancha in Bhadradri Kothagudem district and the residence of its proprietor, Dara Ravi Kishore, an official statement said on Friday.
The investigation revealed that Ravi Kishore had allegedly obtained GST registration for the firm by falsely declaring it as an SEZ unit, enabling it to procure goods as zero-rated supplies without payment of GST despite being ...