J K News Today

Jammu, March 2:

Continuing its drive against tax evasion of GST in the state, the anti-evasion sleuths of Central GST Commissionerate, Jammu has detected an evasion of GST to the tune of approximately Rs. 3.10 crores by prominent coaching institutes of J&K. Earlier this month, a tax evasion of more than 2 crores was detected in Hotels and marriage banquet halls. The total evasion of GST detected by the Central GST Commissionerate in the state has crossed Rs.5 crores so far.

On the basis of credible information collected and on the directions of Commissioner of Central Tax Sh. Gyan Sarvar and under the supervision of Additional Commissioner of Central Tax, C.L. Dogra, the Anti-Evasion officers of Central GST led by Assistant Commissioner (Anti-Evasion) Iftikhar Ahmed Chowdhary conducted search operations simultaneously at ten premises of prominent coaching institutes at various locations in state. During the operations, large scale evasion by under-reporting of revenues and non-payment of tax was detected.          These coaching centres were found collecting GST from students and were not depositing with government exchequer.

The coaching institutes have been booked for evasion of GST to the tune of approximately Rs. 3.10 Crores. The institutes were found to suppress their earnings by way of not showing in the financial records a large portion of the fees collected. The officers found several incriminating documents and computerised data indicating the pattern and extent of tax evasion. Due to the meticulous operations by the officers, the firms had no choice and admitted to wrongdoing with an intention to evade taxes and are depositing the amounts due to the government at once.

Appealing to prospective tax payers Commissioner Gyan Sarvar said that the business establishments covered under GST should voluntarily get themselves registered and pay due tax to avoid penal provisions.