Rs. 13 crore tax evasion: Resort club owner arrested

Rs. 13 crore tax evasion: Resort club owner arrested

Hyderabad: The Director General of GST Intelligence arrested the owner of a famous resort club for allegedly evading the tax worth Rs. 13 crore.

According to the details, the owner of a famous resort club collected Rs. 13.81 crore as GST but failed to pay the amount to the Dept. He utilized this amount for his personal use.

According to GST rules, failing to remit more than Rs. 5 crore within 3 months is a major crime which is non-bailable.

Despite issuing notices, the owner did not respond. His bank accounts were also freezed.

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