Central Excise (INT) Unearths Service Tax Evasion of Around Rs.90 Crore

Last updated: 22 January 2013

The Directorate General of Central Excise Intelligence (Hqrs.), New Delhi has booked a case of Service Tax evasion against M/s Tops Security Limited, Mumbai. The search operations at 41 offices of the Tops Security Group revealed that the group was raising invoices including Service Tax payable on its customers but were not depositing the same in the Govt. exchequer. The amount of Service Tax evasion and interest thereon is expected to be around Rs. 90 Crore. The branch offices of M/s
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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