Raid at bus companies unveils Rs 1 cr GST evasion

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The directorate general of GST intelligence (DGGI), Ludhiana zonal unit, has registered a case of GST evasion against prominent passenger bus services companies Libra Bus Services Limited, Ludhiana, and Maharaja Travels, Amritsar for non-payment of GST.

Sources said the case has been registered as both the firms were neither filing their GST returns regularly nor were discharging their due liabilities on taxable services (transportation of passengers on AC buses). On preliminary scrutiny of various documents and evidences gathered from the business premises of both the firms, the tax liability worth more than Rs 1 crore has been detected, sources said.

Read More at: https://timesofindia.indiatimes.com/city/ludhiana/raid-at-bus-companies-unveils-rs-1-cr-gst-evasion/articleshow/73342050.cms

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