New Delhi: The Union government has promised stern action against 1474 exporters, who have fraudulently claimed Integrated Goods and Services Tax (IGST) refund worth Rs 2,020 crore.
The finance ministry has identified these ‘risky’ exporters, some of whom enjoy a star rating, according to a senior official. The fraudulent claims were revealed during a verification exercise which found these exporters untraceable, reported Hindustan Times. Their refund claims have been blocked.
“Out of the 1474 untraceable exporters, 1125 exporters are from Delhi alone. Non-existing exporters have also been detected in large numbers at Surat (215), Thane (28), Faridabad (15) and Kolkata (11),” the official said.
It was found that these exporters were engaged in dealing with a wide range of products including readymade garments, wallpaper, wall coverings, leather apparel, smoking pipes, mobile phones, cigarette holders, footwear, plastics, floor coverings, ball bearings and roller bearings.
Bhubaneswar: Senior BJP leader of Odisha's Kalahandi district Rabindra Kumar Pattjoshi along with his supporters…
Jammu: At least five soldiers were injured after terrorists attacked an Indian Air Force vehicle…
Rourkela: Two youths drowned while taking bath in a reservoir and another was rescued in…
Bhubaneswar: Students of SAI International Residential School (SIRS) took centrestage at an electoral awareness programme…
Berhampur: With thousands of medical aspirants appearing at National Entrance and Eligibility Test (NEET) in…
Bengaluru: Bengaluru: Janata Dal (Secular) MLA and former Karnataka minister H D Revanna was arrested…
Bhubaneswar: Odisha witnessed no let-up in heatwave condition on Saturday when 25 places registered temperature…
New Delhi: Over three dozen candidates who appeared in Joint Entrance Exam (JEE) Main 2024 have…