Agri Business

Tax raids on tobacco cos in Kanpur

Press Trust of India Kanpur | Updated on February 27, 2011 Published on February 27, 2011

The Commercial Tax Department of Uttar Pradesh today raided the premises of several tobacco manufacturing companies in the city on charges of evading taxes worth crores of rupees.

The raids were conducted on eight tobacco companies after a report claimed that they had been evading commercial taxes worth crores of rupees, the Additional Commissioner of Special Investigation Branch of Commercial Tax Department, Mr Satrughan Upadhyay, said, adding that around 100 officials of the department were present during the raids.

“This morning we have raided the factories of Pan Parag, Sikhar, Sar, Kesar, Sanjog, Tiranga, Talab, and Wah,” Mr Upadhyay said.

In a raid conducted a few days ago in the offices of these companies in Ghaziabad and Noida, it was found that they were not showing their whole production on papers and thus evading huge amount of taxes, he alleged.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on February 27, 2011
This article is closed for comments.
Please Email the Editor