The Excise and Taxation Department, Government of Haryana identified a list of 81 risky taxpayers exhibiting considerable shortfall in tax paid (25 taxpayers having GSTR1-GSTR3B mismatch worth 117.23 Crores) and mismatch in Input Tax Credit availed (56 taxpayers having GSTR2A­-GSTR3B mismatch worth Rs. 63.64 Crores).

The Excise and Taxation Department, Government of Haryana identified a list of 81 risky taxpayers exhibiting considerable shortfall in tax paid (25 taxpayers having GSTR1-GSTR3B mismatch worth 117.23 Crores) and mismatch in Input Tax Credit availed (56 taxpayers having GSTR2A­-GSTR3B mismatch worth Rs. 63.64 Crores). The list was shared with the field formations and accordingly a drive was conducted for verification/investigation of these risky taxpayers. On verification, it was found that out of these 81 taxpayers, 40 taxpayers were found non-existent/non-functional at their Principal Place of Business.

Copyright © Taxguru.inOn verification, it was found that out of these 81 taxpayers, 40 taxpayers were found non-existent/non-functional at their Principal Place of Business. A total of Rs. 57.64 lakhs has been recovered so far from these risky taxpayers which includes 140.49 lakhs through Cash and Rs.17.15 lakhs through Input Tax Credit. As a preventive measure, Input Tax Credit (ITC) worth Rs.3.79 Crores of these taxpayers has been blocked. Further investigation against these taxpayers is under process.

Copyright © Taxguru.inIt may be noted that the Government of Haryana has zero tolerance for fake / bogus firms and strict action under the Act will be taken against taxpayer dealing in fake credit.