Times expose : Multi crore scam of bogus billing with involvement of Tax officers in Punjab
Jalandhar, 20 April 2022 : In a clear example of how tax officers are bringing huge loss to government exchequer by being hand in glove with the firms involved in bogus billing the ‘Times Punjab’ has unearthed a Multi crore tax evasion scam in Punjab.
The documents in possession of ‘Times Punjab’ clearly show how the corrupt officers have minted money illegally by sheltering the firms involved in bogus billing across the state. The firms involved in this racket have been raising false bills showing transactions worth crores but in reality no such transaction had ever taken place. These firms are using this tool just for evading tax thereby usurping the public money in form of tax payable to union and state government.
The worst thing is that the officers both of the Union and state government who are supposed to check this illegal practice are not only turning a blind eye towards it but are rather patronising it. Not only this they are rather hand in glove with the firms involved in the bogus billing and are illegally minting huge money. The examination of records available with the ‘Times Punjab’ indicates that the officers first issue notices to such erring firms and then even in some cases their GST numbers are too freezed.
But this action is just for name sake as after understanding with the culprit firms the freezed accounts of the firm are reopened with the officers taking hefty amount. There is no action against the culprit firms and they are free to loot public wealth with shelter of officers. But the net result is huge loss of the government exchequer in form of tax evasion worth crores of rupees. This open loot of public money under the direct patronisation of the officers will be exposed in the coming days with relevant documents.
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