Department of Revenue Investigation files cases against three firms using fake VAT bills

Published On: July 2, 2020 12:10 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, July 2: The Department of Revenue Investigation (DRI) filed cases against three firms on the charge of revenue leakage. The firms were found to be using fake value added tax (VAT) bills to evade the government revenue totaling Rs 406.10 million.

Of the accused proprietors of New Sagar Plastic Concern, Supreme Plastic Concern and Becoi and Sky Bagalamukhi JV were found to be involved in the misconduct. In the cases filed at the Patan High Court on Wednesday, the DRI charged Sanju Kiju, proprietor of New Sagar Plastic Concern for evading taxes worth Rs 268.20 million and Sagar Kiju, proprietor of Supreme Plastic Concern for causing a revenue loss of Rs 57.70 million.

Similarly, Roshan Kumar Shrestha of Becoi and Sky Bagalamukhi JV has been charged for evading tax of Rs 80.10 million. The DRI has also decided to impose a fine worth double the amount in questions in cash penalty on the accused.

In a separate incident, the DRI has also accused two Indian citizens from Karnatak State of India - Abdul Majid Anekal and Lukmanyule Haki - for being involved in the smuggling of 6.289 kg of gold. The department last month filed a case against the accused at the Hetauda High Court, seeking to recover Rs 42.22 million in revenue loss.

Similarly, the department filed a case at the Morang District Court against two Indian citizens on the charge of misappropriating foreign currencies. The accused were identified as Rabi Kumar Sharma, an Indian truck driver from Siliguri Bazar, Darjeeling, and Pappu Kumar, a resident of Muzaffarpur, Bihar.  The DRI has sought to recover Rs 17.50 million from the duo.

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