Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: list of goods taxed at 4% :: TDS :: ACCOUNTING STANDARD :: due date for vat payment :: empanelment :: VAT Audit :: Central Excise rule to resale the machines to a new company :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ACCOUNTING STANDARDS
 
 
VAT (Value Added Tax) »
 15% rise in collectionof VAT for Oct-Nov
 China to simplify tax scheme after switch to VAT
 Cabinet clears key proposals on VAT, regularisation of jobs
 Cases of VAT overcharging flood consumer forum
 State seeks relief from Centre
 Flat rate VAT changes for small businesses explained
 Cenvat Credit Of Additional Duties Of Customs [Cvd] On Imported Coal
 Excise Dept puts VAT refund on fast track
 Consumer fora receive 18 VAT plaints
 Appointment of Assistant VATO - F.3(14)/Fin(Rev-I)2012-13/DSVI/334
 Bio-diesel body seeks VAT relaxation

Book 13 tax inspectors for conniving with VAT evaders: Probe report
December, 19th 2013

In yet another candid confession that employees of the state excise and taxation department connived with traders to evade tax worth crores of rupees, an internal inquiry conducted by the department into the VAT evasion scam by two Ludhiana firms has recommended registration of FIR against its own employees.

The departmental probe has found that erring taxation inspectors, who were posted at various interstate barriers, had allegedly facilitated evaders, who showed that goods worth crores were being transported to Rajasthan on "non-existent" vehicles. The inquiry has recommended that criminal cases should be registered against at least 13 such inspectors, from whose login IDs, bogus entries were made in the official computers installed at interstate barriers.

"These bogus entries are an irregularity of criminal nature...an FIR for committing fraud on state should be lodged against all the taxation inspectors without delay," recommended the probe, conducted by assistant excise and taxation commissioner S S Bangar.

Sources said that these inspectors were deputed at important information collection centres at interstate borders and it was their primary job to check whether the goods were physically exported to other states out of Punjab and vice-versa.

The action has been recommended after department officials, while randomly tracing suspicion transactions at interstate barriers, had found that two Ludhiana-based firms had evaded VAT by showing that they were transporting goods to other states on vehicles which do not exist in records of transport authorities. The firms, dealing in daily provision goods, had shown movement of goods worth Rs 28 crore to Sikar-based dealers in Rajasthan.

The scam was exposed only after officials found that all vehicles transporting goods of these firms were having Rajasthan registration numbers and were never used to transport goods of any other firms from Punjab to Rajasthan and vice-versa. Following this, the officials had requested district transport officers (DTO) of five districts of Rajasthan to verify status of the vehicles, which revealed that at least three of the vehicles used were "non-existent".

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Sitemap

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions