Cracking Down on Tax Evasion in Mega Dam Project
The Assam GST department has uncovered a multi-crore tax evasion case involving a dam construction firm at the Assam-Arunachal Pradesh border. Over Rs 8 crore has been recovered, with the amount expected to rise. The operation targets tax compliance in NHPC’s Subansiri Lower Hydro Electric Project.
- Country:
- India
An extensive tax evasion case has emerged from the construction of a concrete gravity dam at Gerukamukh, situated on the Assam-Arunachal Pradesh border. The Assam GST department, in a decisive operation, has already recovered over Rs 8 crore from the company involved.
This substantial tax recovery is linked to the firm working on NHPC's 2,000-MW Subansiri Lower Hydro Electric Project, with expectations of further significant finds as investigations continue. Led by Superintendent Monuj Kumar Dowari, a 10-member team executed the operation to identify financial irregularities.
The swift action, resulting in the immediate recovery of Rs 8.2 crore, demonstrates the department's enhanced measures for ensuring data-driven tax compliance, marking a noteworthy success in recent enforcement activities.
(With inputs from agencies.)
- READ MORE ON:
- tax evasion
- Assam
- GST
- construction
- dam
- NHPC
- Subansiri
- hydro electric
- compliance
- Arunachal Pradesh
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