Raipur 2 June 2025/ Investigation proceedings have been conducted on 31st May by the State GST Department, Jagdalpur at the business place of M/s Arihant Steel Narayanpur, District Narayanpur.When the investigation team reached the spot, it was found that no accounting books or software related to the business like Tally were found maintained at his business place, whereas as per the provisions of GST, it is mandatory to keep all the accounting books at the business place.

The businessman said that all the bills are issued by the tax consultant. Due to this, the possibility of tax evasion became even stronger. Further investigation revealed that the total turnover from the year 2021-22 to the year 2024-25 is more than Rs 16 crore but the cash payment of tax on it has been made till the current period of only Rs 43 thousand.At the same time, when the e-way bill was examined, it was found that from the year 2021-22 to the year 2024-25, goods worth Rs 8.21 crore were purchased but no e-way bill was issued for the supply of the goods.This shows that the goods have been sold to the common consumer but the benefit of bogus input tax has been given by selling the bill to other businessmen, due to which the Central Government as well as the State Government has suffered huge loss of tax revenue.