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VAT (Value Added Tax) »
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Rs 7.50 lakh VAT recovered
August, 28th 2009

Two teams from Ahmedabad and Surat sales tax departments recovered Rs 7.50 lakh of value added tax (VAT) evasion during raids at a yarn trader, glass trader and a cement bricks manufacturer here on Wednesday.

According to department sources, illegal transaction of Rs 16 lakh was detected from the cement bricks manufacturer unit on Udhna-Magdalla Road. "Rs 4 lakh VAT was recovered from the unit owner," said a source. This apart, Rs 3.50 lakh VAT was recovered from glass trader and a yarn trader on Bhatar Road.

 
 
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