Rs 42 Crore GST Fraud Busted In Rourkela!
Rourkela: A GST fraud of Rs 42 crore has been reported from the Steel City.
This alleged multi-crore tax evasion involves 18 Urban Cooperative Bank accounts, where the account holders have misrepresented themselves as daily wage labourers and people from financially backward sections.
The GST department of the state is probing the allegations after being informed by the bank authorities.
“According to our official records, they are proprietors of some companies,” said Chief Executive Officer of the bank, Rabindra Kumar Jena.