Coimbatore: The officers of directorate general of GST Intelligence, zonal unit, Coimbatore, conducted simultaneous searches at the offices, warehouses and residences of two manufacturers of knitted fabrics in Tirupur on September 10.
During the search operation, it was found that the taxpayers have made sales for which no GST invoice or bill was raised. The approximate value of sales without bills or invoices was around Rs 40-45 crore. The unaccounted stock of knitted fabrics valued at Rs 2.70 crore were also detected and seized from four of their premises. Two of the warehouses were not declared to the GST department. Incriminating documents have been recovered. An amount of Rs 2.2 crore has been recovered towards past GST liabilities.