DGGI Jaipur Zonal Unit conducted raids in various areas of Jaipur on Friday. Rs 10 crore was stolen by cleaning the lubricating oil and issuing fake invoices at low prices. DGGI team conducted raid and seized Rs 5.50 crore.
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Officials of DGGI’s Jaipur zonal unit said – action was taken on the basis of special intelligence information. Searches were conducted at the premises of traders Deepak Enterprises and M/s Raxi Lubers as well as lubricating oil refiners M/s Mahavir Chemical Industries, M/s Maheshwari Petrochemicals and M/s Om Industries in various areas of Jaipur. During the search, new methods of investigation were revealed. Lubricating oil traders were secretly selling branded lubricating oils.
were issuing fake invoices at lower prices to various used oil refiners in respect of goods shown in their stock without further supply of goods. Refiners are using these fake invoices to cover their purchases of unbilled used oil. In this way, the taxpayers, along with the refiners, have evaded tax payments worth about Rs 10 crore. In the raid by the DGGI team, Rs 4 crore was recovered and Rs 1.5 crore was recovered from the residential premises of the refiner. Further investigation is ongoing in the matter.
