Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Rs 150 crore recovered from businessman in Kanpur

Indo-Asian News Services
Updated: December 24th, 2021, 17:49 IST
in Business, National
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The Directorate General of GST Friday said that they have launched searches in Kanpur following a tip-off against the manufacturers of Shikhar pan masala and tobacco products.

A senior official said that the search operations covered the factory premises of Ms Trimurti Fragrance Pvt Ltd, the manufacturers of Shikhar brand pan masala and tobacco products and the office, godowns of Ms Ganpati Road Carriers, Transport Nagar, involved in transportation of the goods.

Also Read

Udhampur gunfight

J&K encounter: One terrorist killed in Udhampur gunbattle

16 hours ago

Shubhanshu Shukla, three others arrive at International Space Station

18 hours ago

“They were busy in clandestine supplying goods without making payments of applicable tax. The transporter reportedly used to generate multiple invoices in the name of non-existent firms, all below Rs 50,000 for one full truck load, to avoid generation of e-way bills while moving the goods. The transporter was also collecting the sale proceeds of such clandestine supply in cash and handing it over to the manufacturer, after deducting his commission,” said a GST official.

Based on the information, the GST officers were able to intercept and seize four such trucks outside the factory premises, cleared from the factory without invoices and e-way bills.

The official said that during physical stock taking, shortage of raw materials and finished products was noticed as the finished products had been cleared clandestinely.

During the questioning the authorised signatory of the company admitted to have cleared the goods without GST.

The official said that at the premises of the transporter, Ms Ganpati Road Carriers, more than 200 fake invoices used in the past for transportation of goods without payment of GST were recovered. The transporter also admitted that goods were being transported without e-way bills under the cover of fake invoices and also the sale proceeds was being collected in cash.

“We have seized Rs 1.1 crore from the possession of the transporter,” the official said.

Later, the GST official conducted searches on the premises of partners of Ms Odochem Industries, who were supplying perfumery compound, mostly against cash, to the said company.

During the search proceedings at the residential premises, a huge amount of cash, wrapped in papers, were found.

“We had to call officials of Bank of India to count the cash. The total amount till the counting was around Rs 150 crore. The whole amount will be seized,” the official said, adding that further probe was on.

Tags: BusinessmanED raidIT raidKanpurRs 150 crore
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

slide 2 to 4 of 30
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Geetanjali Patro

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019

Archives

Select Month

    Editorial

    Let Them Be

    NEET
    June 25, 2025

    A17-year-old girl was beaten to death by her father for not getting good score in a mock test for the...

    Read more

    Talking Shop

    G7 summit in Alberta
    June 24, 2025

    Normally, negatives do not make headlines. But, at times, they do. The recently concluded G7 summit in Alberta, Canada, turned...

    Read more

    Unending War

    US-Iran
    June 23, 2025

    Last week, when a reporter asked US President Donald Trump whether America would enter the war on Iran with close...

    Read more

    Shouldering Arms

    June 22, 2025

    India has taken it as its responsibility to bring the Voice of the Global South (henceforth VoGS) to the world...

    Read more
    • Home
    • State
    • Metro
    • National
    • International
    • Business
    • Editorial
    • Opinion
    • Sports
    • About Us
    • Advertise
    • Contact Us
    • Jobs
    Developed By Ratna Technology

    © 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST

      • News in Odia
      • Orissa POST Epaper
      • Video
      • Home
      • Trending
      • Metro
      • State
      • Odisha Special
      • National
      • International
      • Sports
      • Business
      • Editorial
      • Entertainment
      • Horoscope
      • Careers
      • Feature
      • Today’s Pic
      • Opinion
      • Sci-Tech
      • About Us
      • Contact Us
      • Jobs

      © 2024 All rights Reserved by OrissaPOST