Ludhiana: ₹10 crore recovered from realty firm in tax evasion case

According to officials, Ludhiana has recovered ₹93 crore so far during the current financial year in tax evasion cases

The Central Goods and Services Tax (CGST), Ludhiana, has recovered ₹10 crore during an ongoing investigation against a leading real estate developer for alleged non-payment of GST, officials said on Tuesday.

CGST officials said the recovery is part of a broader enforcement drive to strengthen compliance and curb tax evasions. (HT File)

The probe pertains to the non-payment of Goods and Services Tax under the reverse charge mechanism (RCM) on the upfront lease premium paid to the Rail Land Development Authority (RLDA).

The land was taken on a long-term lease for development purposes and the period under scrutiny spans from the financial year 2022–23 to 2025–26.

During the course of the investigation, the taxpayer voluntarily deposited ₹10 crore towards the alleged tax liability through the electronic cash ledger.

CGST officials said the recovery is part of a broader enforcement drive to strengthen compliance and curb tax evasion.

According to officials, Ludhiana has recovered ₹93 crore so far during the current financial year in tax evasion cases and further investigation is underway to determine the full liability, if any.