Quick Summary
State GST (investigation) officials in Kochi have unearthed tax evasion to the tune of crores of rupees by a Perumbavoor gang, which allegedly forged bills using iron scrap dealership as a front and misappropriated input tax. Officials conducted raids at four locations in Perumbavoor on Monday. T
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FAQ :
The tax evasion uncovered is estimated to be around ₹125 crore, with at least ₹13 crore evaded in taxes.
GST officials conducted raids at four locations in Perumbavoor, Kerala.
An iron scrap dealership was used as a front for the tax evasion scheme.
The investigation points to two Perumbavoor natives, Azhar Ali and Rinshad, as being behind the tax evasion.
Officials seized five mobile phones and various documents during the raids.
Armed police assistance was sought due to information suggesting the gang had connections with hawala-narcotic mafias.
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