City

Three Gold Traders Detained For GST Fraud In Odisha’s Cuttack; Over 2 Kg Gold Seized

By
OB Bureau

Cuttack: The Commissionerate Police on Thursday detained three gold traders and seized 2.29 kgs of gold and 27.28 grams of gold plated ornaments from their possession.

The detained traders have been identified as Gurjeet Singh and Manpreet Singh from Punjab and Ranjan Sahu, a local goldsmith of the Station Bazaar area of Cuttack city.

Acting on a tip-off, the Malgodown Police apprehended the two gold traders in the Station Road area and later the local goldsmith.

Police later informed the GST officials, who arrived at the spot, collected a penalty of Rs 3.23 lakh including a fine of Rs 1,69,729 with 100 per cent GST from them.

Briefing the mediapersons, Cuttack DCP Prateek Singh said that the police had information about some traders from outside the state selling gold in the city. “A trap was laid to nab the two traders from Amritsar while they were on their way to Cuttack with the gold,” he added.

The DCP also said that the duo used to sell gold to a number of gold traders in Cuttack without collecting GST from them. In the process, they used to evade inter-state GST.

The gold traders were not arrested as they have paid the GST with a fine, he added.

GST official Satya Prasanna Kar said that the interrogation of the gold traders is underway to get more details about their business. “We are trying to collect information from the detainees to trace the traders to whom they have sold gold. On the basis of their information, we will take necessary action,” he pointed out.

OB Bureau

Recent Posts

Jailed Delhi CM Arvind Kejriwal’s Wife Launches WhatsApp Drive Seeking Support

New Delhi: A day after Delhi Chief Minister Arvind Kejriwal's ED remand was extended till…

March 29, 2024

Odisha Braces For Hot & Humid Weather Over Next 4-5 Days; Mercury May Soar To 40°C

Bhubaneswar: Odisha is likely to experience hot and humid weather conditions during the next 4-5…

March 29, 2024

Congress Gets Fresh Income Tax Notice Of Rs 1,700 Cr; Check Ajay Maken’s Big Claim Against BJP

New Delhi: In another blow to cash-strapped Congress ahead of the Lok Sabha polls, the…

March 29, 2024

CBI Files Closure In AI-IA Merger Probe 8 Months After Praful Patel Joins NDA

New Delhi: The Central Bureau of Investigation (CBI) has filed a closure report in the…

March 29, 2024

Odisha Elections 2024: Will BJD Field Surendra Singh Bhoi From Balangir Lok Sabha Seat?

Bhubaneswar: A day after resigning from Congress, former minister Surendra Singh Bhoi on Friday joined…

March 29, 2024

Odisha Elections 2024: Nilagiri MLA Sukanta Nayak Turns Back On BJP, Homecoming Likely

Bhubaneswar: Hours after BJP Cuttack district president Prakash Chandra Behera quit BJP, two-time MLA from…

March 29, 2024

BJP & BJD May Announce 3rd Candidate List For Odisha Elections Today; Bhartruhari & Sidhant Likely To Get Tickets

Bhubaneswar: The ruling BJD and the main opposition BJP are likely to announce their third…

March 29, 2024

Delhi LG’s Fresh Attack On Arvind Kejriwal Over Inaction In Medical College Harassment Case

New Delhi: New Delhi: Delhi Lieutenant Governor VK Saxena has launched a fresh attack on…

March 29, 2024