Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Rs 150 crore recovered from businessman in Kanpur

Indo-Asian News Services
Updated: December 24th, 2021, 17:49 IST
in Business, National
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: The Directorate General of GST Friday said that they have launched searches in Kanpur following a tip-off against the manufacturers of Shikhar pan masala and tobacco products.

A senior official said that the search operations covered the factory premises of Ms Trimurti Fragrance Pvt Ltd, the manufacturers of Shikhar brand pan masala and tobacco products and the office, godowns of Ms Ganpati Road Carriers, Transport Nagar, involved in transportation of the goods.

Also Read

Rahul Mamkootathil

Expelled Congress MLA Rahul Mamkootathil taken into custody in sexual assault case

6 hours ago
Mohan Charan Majhi

Odisha CM unveils projects worth over Rs 948 crore in Sambalpur

18 hours ago

“They were busy in clandestine supplying goods without making payments of applicable tax. The transporter reportedly used to generate multiple invoices in the name of non-existent firms, all below Rs 50,000 for one full truck load, to avoid generation of e-way bills while moving the goods. The transporter was also collecting the sale proceeds of such clandestine supply in cash and handing it over to the manufacturer, after deducting his commission,” said a GST official.

Based on the information, the GST officers were able to intercept and seize four such trucks outside the factory premises, cleared from the factory without invoices and e-way bills.

The official said that during physical stock taking, shortage of raw materials and finished products was noticed as the finished products had been cleared clandestinely.

During the questioning the authorised signatory of the company admitted to have cleared the goods without GST.

The official said that at the premises of the transporter, Ms Ganpati Road Carriers, more than 200 fake invoices used in the past for transportation of goods without payment of GST were recovered. The transporter also admitted that goods were being transported without e-way bills under the cover of fake invoices and also the sale proceeds was being collected in cash.

“We have seized Rs 1.1 crore from the possession of the transporter,” the official said.

Later, the GST official conducted searches on the premises of partners of Ms Odochem Industries, who were supplying perfumery compound, mostly against cash, to the said company.

During the search proceedings at the residential premises, a huge amount of cash, wrapped in papers, were found.

“We had to call officials of Bank of India to count the cash. The total amount till the counting was around Rs 150 crore. The whole amount will be seized,” the official said, adding that further probe was on.

Tags: BusinessmanED raidIT raidKanpurRs 150 crore
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

Advertisement

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Surya Sidhant Rath

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019

Archives

Editorial

Self-Sabotage

January 11, 2026

By Aakar Patel There is much to admire about America, and quite a lot to dislike. The thing to admire...

Read moreDetails

Policy Paralysis

Silent Shift
January 10, 2026

By Dilip Cherian Forget the slogans. The story isn’t about “opening the doors” to experts so much as about how...

Read moreDetails

New Axis Powers

January 7, 2026

Appeasement or tacit approval of invasion and capture of foreign land helped the rise of Adolf Hitler and the formation...

Read moreDetails

New Divide

Rajnath Singh
January 6, 2026

Union Defence Minister Rajnath Singh recently, at a gathering at Udaipur’s Bhupal Nobles’ University, sought to brand the ‘educated’ citizens...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST