The Gujarat State Items and Providers Tax (SGST) Division on Tuesday stated it had raided 11 teaching institutes and located “evasions” to the tune of Rs 7.49 crore in preliminary investigations, with a complete legal responsibility of round Rs 11.33 crore.
Primarily based on info obtained by the Enforcement Department of the State GST Division and evaluation, search and seizure operations have been carried out in opposition to 11 teaching institutes, situated at 36 locations together with Ahmedabad, Bharuch, Gandhinagar, Godhara, Junagadh, Rajkot, Mehsana, Palanpur (Banaskantha), Surendranagar, Surat, Vadodara and Valsad on January 2, an announcement from the division on Tuesday stated.
In the course of the investigation, a number of “irregularities” such because the misclassification of tax price, wrongful availing of Enter Tax Credit score, and unaccounted gross sales have been “seen”, the division stated.
Uncover the Advantages of Our Subscription!
Keep knowledgeable with entry to our award-winning journalism.
Keep away from misinformation with trusted, correct reporting.
Make smarter choices with insights that matter.
Select your subscription package deal
