The intelligence wing of the Kerala State Goods and Services Tax (GST) department on Friday imposed a hefty fine on a gold merchant on the charge of violating GST norms.
Officials who led the inspection said the wholesale gold trader was asked to remit ₹1 crore, including the fine amount and pending taxes, for his violations. They said the man was involved in trading gold worth ₹30 crore without remitting GST.
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