66 held as raids at Bangalore Turf Club reveal ‘illegal betting, GST fraud’; Rs 3.45 crore seized

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Categories: GST Recent News

The Central Crime Branch (CCB) of Bengaluru City Police arrested 66 people during raids carried out on Friday which allegedly unearthed massive irregularities in book-keeping and evasion of Goods and Services Tax (GST) at the Bangalore Turf Club, a prominent horse racing club. Officials also seized Rs 3.45 crore in cash besides recovering 55 mobile devices.

The raids were conducted following a tip-off about irregularities at the club located at Race Course Road. According to police sources, CCB sleuths received credible information that illegal betting was taking place at the club. There were also complaints about irregular book-keeping and non-maintenance of records for the money received from club-goers. The police also discovered instances of GST evasion during the raids.

Names in the FIR registered at High Grounds police station include Srihari Enterprises, Banashankari Enterprises, Surya and Co, Paras and Co, Aditya Enterprises, Tejaswini Enterprises and Maruti Enterprises, among others.

According to the FIR, the stalls mentioned allegedly indulged in illegal betting. It invoked provisions under the Indian Penal Code, Karnataka Race Betting Act and the Karnataka Police Act.

Source from: https://indianexpress.com/article/cities/bangalore/66-held-as-raids-at-bangalore-turf-club-reveal-illegal-betting-gst-fraud-rs-3-45-crore-seized-9109197/