Latest News | Tax Department Finds 13 Fake Firms in Rajasthan

Jaipur, Nov 26 (PTI) Rajasthan's Commercial Tax Department has found 13 fake firms, running only on papers, across the state.

Simultaneous survey action was taken against different firms at 26 locations across the state on the direction of SGST Chief Commissioner, an official statement said.

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Action was taken after analysing the data available on various sites of GSTN.

Out of 26 firms, 13 firms were found to be running on papers with a total turnover of Rs 324.11 crore.

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Bogus input tax credit (ITC) of Rs 30 crore was found to be used by them and other firms attached to them, it said.

The department has immediately "blocked" the transactions of the paper firms and has informed the CGST for taking action against the firms, it added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)