Telangana: Proprietor Held for GST Evasion of Rs 5.68 Cr
25 Sept 2026 12:01 PM IST25 Sept 2026 12:01 PM IST
Investigation revealed that the proprietor had allegedly obtained GST registration for the firm by "fraudulently" declaring the firm as a Special Economic Zone (SEZ) Unit
The Rangareddy CGST Commissionerate has detected GST evasion of Rs 5.68 crore through alleged fraudulent SEZ registration and arrested the proprietor of a firm in Telangana. (File Photo)
Hyderabad: The Rangareddy CGST Commissionerate has detected GST evasion of Rs 5.68 crore through alleged fraudulent SEZ registration and arrested the proprietor of a firm in Telangana, officials said.
The proprietor was arrested on September 24, under section 69 of the Central Goods and Services Tax Act, 2017 and produced before the jurisdictional court, which remanded him to judicial custody for 14 days, an official release said.
Acting on specific intelligence, officers of the Rangareddy CGST Commissionerate, conducted search/inspection proceedings at the place of business of Sri Tirumala Services situated in Palwancha of Bhadradri Kothagudem district, and the residence of its proprietor D Ravi Kishore, the release said.
Investigation revealed that the proprietor had allegedly obtained GST registration for the firm by "fraudulently" declaring the firm as a Special Economic Zone (SEZ) Unit, thereby enabling it to procure goods as zero-rated supplies without payment of GST, despite not being eligible for such benefit, it said.
During verification, the Letter of Approval purportedly issued by the Development Commissioner, Visakhapatnam Special Economic Zone (VSEZ), on the basis of which the firm claimed SEZ status, was found to be bogus/fabricated, it further said.
The amount of GST evaded was worked out to Rs 5.6 crore on a taxable supply of Rs 30 crore approx, the release said, adding further investigation is underway.
Arun Kumar, Principal Chief Commissioner, Central Tax, Hyderabad Zone and Ajazuddin, Principal Commissioner, Rangareddy CGST Commissionerate, cautioned that stringent action, including prosecution wherever warranted under law, would be initiated against persons found involved in such fraudulent activities.
They reiterated the Department's focus on detecting tax evasion, fraudulent availment of statutory benefits and clandestine removal of goods without payment of GST, the release added.
( Source : PTI )
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