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

Supreme Court

SC issues fresh directions on Special Intensive Revision of Bengal rolls

14 hours ago
Parliament

First meeting of Parliament’s joint panel on Viksit Bharat Shiksha Adhishthan Thursday

14 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.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Priyasha Pradhan

December 12, 2019

Archives

Editorial

War of Attrition

Putin
February 25, 2026

President Vladimir Putin of Russia believed he could finish off, within months, the conflict that he started on European soil...

Read moreDetails

How Prepared

AI Impact Summit
February 24, 2026

In the just concluded AI Summit at New Delhi, the government of India has majorly played up the issue of...

Read moreDetails

Trump Torpedoed

Donald Trump
February 22, 2026

Once bitten, twice shy is an old idiom. But when it comes to US President Donald Trump, it loses its...

Read moreDetails

Engineered Exclusion

February 22, 2026

By Aakar Patel The Bharatiya Janata Party has been governing Gujarat for about 30 unbroken years now. Notionally Gujarat is...

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