Four Hajipur firms face action for evading taxes

PATNA: The vigilance wing of commercial taxes department is likely to act tough against four Hajipur-based shell firms for their alleged involvement in fictitious and fraudulent trade of goods worth more than Rs 214 crore.

The firms have been charged with generating fake e-way bills using one set of trucks with suspicious registration numbers to claim input tax credit (ITC) and evade taxes.

“The four firms were raided on Thursday and Friday. They are the shell companies of the Haryana and Delhi-based firms. The deep investigation into the fraudulent trade to evade taxes will start next week,” said a commercial taxes department official.

“The firms were not doing actual transaction of goods. Yet, the circular movement of goods through the vehicles of same numbers was taking place. The addresses of the firms were also found to be fake,” he added.

The four firms in question are Navin Enterprises, Manish Enterprises, Sunil Enterprises and Malak Enterprises. The intelligence sleuths kept watch on the movement of the vehicles which were carrying goods like readymade garments, iron and steel items and sports goods worth Rs 1.4 crore having already generated fake e-way bills. Further, their e-way bills worth Rs 2 crore had also been cancelled.