Delhi Tax dept issues notices to 51,500 dealers, warns of physical verification

Last Updated: Sat, Oct 13, 2018 13:13 hrs
Income Tax (Reuters image)

The trade and taxes department of the Delhi government on Friday issued show cause notices to at least 51,500 dealers on charges of defaults and tax evasion.

H Rajesh Prasad, the commissioner for the department of Value Added Taxes was quoted as saying in a PTI report that the action was to meet revenue targets as well as ensure compliance of GST provisions.

The department will keep a vigil on suspicious and unlawful trading activities of dealers to track bogus billing and non-carrying of e-way bills.

Furthermore, the department is expected to file notices to non-filers of return GSTR-3B.

The commissioner was further quoted as saying, "We will also conduct physical verification of at least 10 per cent new registrants/tax payers, on the basis of risk assessment, to curb issuance of bogus invoices."

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