Home GST GST Department raids Electrical Firm; Sezied Goods worth Rs.8 Lakhs

GST Department raids Electrical Firm; Sezied Goods worth Rs.8 Lakhs

GST Department raids Electrical Firm; Sezied Goods worth Rs.8 Lakhs

GST Division raids Electrical Agency; Sezied Items value Rs.8 Lakhs

A group from the GST division searched the Shakti Stabiliser Farm on Ansari Highway. With out buy and sale paperwork, the group seized objects valued at round Rs.8 lakh throughout that interval. The corporate was additionally given a discover over this.

Underneath the management of GST Deputy Commissioner State Vivek Mishra, a raid was performed at Shakti Stabilizer positioned on Ansari Highway on Wednesday afternoon.

It was found that the farm was concerned within the buy and sale of varied electrical merchandise, together with batteries and inverters, throughout this era.

In line with Vivek Mishra, the corporate was promoting the products with out charging GST and with out offering a invoice after trying over the shape. A invoice for objects akin to a room heater, inverter, battery, LED mild, tube, and so forth. valued roughly eight lakhs on the spot couldn’t be proven by the service provider throughout the examination.

As per laws, the entire aforementioned objects have been seized as a result of there aren’t any account books. On Wednesday, from 1 pm till 2 am, the inquiry proceeded, in response to Deputy Commissioner Vivek Mishra. He threatened to take harsh motion in opposition to any businessman who purchases and sells items with out the correct paperwork.

It’s legally required for all merchants to buy and promote merchandise by way of letters, and to all the time present the shopper with a invoice of products. Any dealer who sells with out offering a invoice will face harsh penalties. The group included Yogendra Prasad Singh, Assistant Commissioner, Mahavir Prasang, Anil Kumar, and others.

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