- State GST department conducted searches on 79 mobile phone dealers in Ahmedabad, Vadodara, Surat, Rajkot, and Bhuj
- Tax evasion of Rs 22 crore detected through undue rebate claims by the companies
- Companies were procuring phones through tax invoices and selling them without bills
- Rebate for such purchases was used for B2B sale to carry out tax evasions
- Majority of the dealers were not maintaining records of mobile phone companies, model numbers, IMEI numbers, etc.
- More than 500 phones with no entry were found during the searches
- Rs 3 crore was collected from the vendors
- Further probe is ongoing.
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
