- Mumbai Police Economic Offences Wing filed a case against a scrap dealer couple for evading VAT and Sales Tax totaling ₹111 crore.
- The complaint was filed by the state Sales Tax department’s Deputy Commissioner in December 2024.
- The couple, directors of STC Global Metal Pvt. Ltd., allegedly defrauded the exchequer through scrap metal trading between 2013 and 2016.
- Notices demanding overdue tax payments were repeatedly served to the couple.
- Bank accounts registered with the Sales Tax department were found closed, and taxes remained unpaid.
- A preliminary enquiry led to a case under the Maharashtra Value Added Tax Act.
- The EOW will continue investigating the financial loss to the state for further criminal action.
Source: freepressjournal.in
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
