5000 businessmen on the radar of the state GST department, this action is often done soon
5000 businessmen of Tajnagiri owe an enormous amount of about Rs 95 crore for the last several years. The list of those has been prepared by the State Goods and Services Tax (GST) Department. Soon they will be suppressed here. Also, you’ll be sent to jail for 14 days.
The interest waiver scheme goes on within the state GST department. It’s a term till 31 October. Officers are busy collecting more and more arrears regarding this. Within the same episode, recently the marble and granite businessman Anand Jain’s residence was raided.
3.13 crore was owed to them. Now an idea is being made to require similar action with about 5000 businessmen. They’re also owed time before VAT. There also are some firms that have liabilities up to Rs 25 crore. This is done because they may ford guilt for theft GST tax of the Indian government. After that, strict action would be taken against them.
Constant pressure is being created from the headquarters regarding the recovery. During this regard, the department has already expressed its intention by meeting with the officials of business and entrepreneurial organizations.
Action is often taken:
Around 5000 businessmen owe Rs 95 crore. These are often punished. The law also provides for 14 days of jail. As of 31 October, there’s a term of interest waiver scheme. That’s why the business class is requested that they will benefit by joining this scheme. – Rakesh Srivastava, Additional Commissioner, State GST Department First,
Business conditions aren’t normal now:
The business situation isn’t good at this point. The Corona vaccine has not yet been released. Which has created an environment of fear? In such a situation, the govt should give relief rather than taking action.