In Telangana, Director General of GST Intelligence (DGGI), has arrested the Chairman-cum-Managing Director of a popular resort located on the outskirts of Hyderabad for evasion of GST to a tune of over 13 crore rupees.<br />''<br />'' According to the DGGI official release, the resort has been collecting GST from its customers and retaining the same instead of paying it to the Government since July 2017. <br />''<br />''More over the tax amounts so collected were diverted for private purposes.&nbsp;<br />''<br />''The management of the resort has not paid the tax to the government and not filed any statutorily prescribed returns, with an intention to evade GST. <br />''<br />''The management of the resort has a history of not paying applicable service tax also in the past despite issuing several notices by the Service Tax Department.<br />'' <br />''The DGGI further said the CMD of the resort has been arrested and remanded to the judicial custody till 18th of this month. <br />''<br />''During the course of investigation, the CMD admitted that GST was collected and not paid to the government. <br />''<br />''Five Bank accounts connected to the business operations of the resort have also been provisionally attached.<br />''<br />
News On AIR | January 10, 2019 9:30 PM
Hyderabad resort MD arrested for tax evasion