The Assam government on Wednesday realised ₹7.5 crore for tax evasion from a Haryana-based company involved in constructing a four-lane road from Dhemaji to Oyan in Arunachal Pradesh, an official said.
Investigations have so far revealed an estimated tax evasion of around ₹64 crore.
A 12-member team from Guwahati conducted an investigation into tax evasion allegations against Kaluwala Construction Private Limited over six days.
Investigations have so far revealed an estimated tax evasion of around ₹64 crore.
The company failed to provide adequate justification for several discrepancies identified in their GST profile during the verification process, the official said.
“As a result, immediate enforcement action was taken, leading to the recovery of ₹7.5 crore”, he added.
Further investigations are underway to determine the full extent of the evasion.