UP: 120 firms and companies of Kanpur are under scrutiny, due to tax evasion, everyone will have GST audit

Due to some companies involved in tax evasion, bank fraud and other types of rigging, the State Goods and Services Tax Department (State GST) has decided to conduct a GST audit of 120 businessmen of the Kanpur zone. The audit will be of two years from July 1, 2017.

That is, the accounting of the financial year 2017-18 and 2018-19 will be included. Among the companies and firms to be audited are, Dr. MP Agarwal’s company Srilakshmi Contain, which dipped Rs 7200 crore and Frost International, a diamond trader Uday Desai’s bank fraud worth Rs 4000 crore.

Apart from these, in the case of bribing the then Central GST Commissioner Sansar Chand in the year 2018, the company Shishu Soap and Private Limited, which is stuck in the case, is also under investigation. These companies have stolen a huge amount of GST. The department suspects that other companies are also doing similar games.

Therefore, very soon the representatives of companies and firms will be summoned with proof of purchase, sale and tax deposition in GST. The State GST Headquarters has identified 60-60 firms and companies from all zones of the state for GST audit. A total of 120 businessmen have been identified by merging both the zones here.

These are firms

Frost International Limited, Srilakshmi Contain, Shishu Soap and Chemicals Private Limited, My Car Limited, Kadak Family, Tirubala International, Tirubala Export, SB Car, Kanpur Edible Private Limited, Banke Bihari Ply Industry, Epsilon Publishing House, M/s RK International, Mirza International, UPSIC, Hans Metal Limited, Jagsons Export Limited, AK Heavy Electrical & Engineering Works, Samrat Car, Society Motor, Agra House, etc.