The GST enforcement department in Chhattisgarh conducted raids on Thursday at factories in the Urla and Siltara regions, targeting three manufacturers of iron and steel products: Shyam Steel Industries, Ishwar Ispat, and Ishwar TMT. These companies were discovered to have avoided paying GST amounting to Rs 6.75 crore during the unexpected checks. The initial investigations hint at a possibly larger amount of GST evasion.
On the spot, these entities paid Rs 4.75 crore in GST to the authorities. Their method of evasion involved purchasing raw scrap for the production of bars without paying the due GST. The Chhattisgarh GST enforcement team has been vigilantly pursuing cases of tax evasion, with a particular focus on these companies for their non-payment of GST on scrap. The department leveraged sophisticated IT tools for surveillance and acted based on insights from e-way bill examinations and field data collection.