FOPSIA FOR IN­QUIRY INTO BO­GUS BILLING SCAM

HT Ludhiana Live - - Front Page - HT Live Cor­re­spon­dent ludlivedesk@hin­dus­tan­times.com

Fed­er­a­tion of Pun­jab Small In­dus­tries As­so­ci­a­tions ( FOPSIA) claimed that the home min­istry will soon ini­ti­ate a CBI en­quiry into the bo­gus bill scam against Pun­jab’s ex­cise and tax­a­tion depart­ment.

Ac­cord­ing to FOPSIA, some fake com­pa­nies is­sued bo­gus bills of over Rs 20,000 crore from 2009 to 2010.

The depart­ment was re­spon­si­ble to mon­i­tor the work­ing of these com­pa­nies as all com­pa­nies were fil­ing on­line re­turns to the depart­ment.

The no­tices were is­sued to thou­sands of traders and in­dus­tri­al­ists.

Their VAT re­fund claims were dis­al­lowed and crim­i­nal cases were filed against a few of those traders just to de­ceive peo­ple.

Pres­i­dent FOPSIA Badish K Jin­dal said, “FOPSIA had filed a griev­ance pe­ti­tion against the state ex­cise and tax­a­tion depart­ment to un­earth the scam. Af­ter con­sid­er­ing the facts the home min­istry had is­sued a pre­lim­i­nary en­quiry in this re­gard. The ex­cise and tax­a­tion depart­ment has fur­ther sought in­for­ma­tion and de­manded facts about the is­sue and FOPSIA is col­lect­ing the data in this re­gard.”

LUD­HI­ANA:

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