KATHMANDU, July 15: The Department of Revenue Investigation (DRI) has filed cases against six firms on the charge of revenue leakage. The firms were found to have been involved in using fake Value Added Tax (VAT) bills and smuggling of the goods to evade the taxes worth Rs 4.18 billion.
The DRI filed cases against these firms in Patan High Court in the past three days. Of the accused, Unique Wide International Pvt Limited operating in Ward No 1 of the Kathmandu Metropolitan has been charged for using fake VAT bills to evade the government taxes amounting Rs 378 million. The company purchased the fake VAT bills from Bhuvan Pandey, proprietor of New Unique International. The department sought to recover the amount in question from the duo and the jail penalty as per the law.
Likewise, the DRI on Wednesday filed a case against High Tech International in Sorhakhutte, Kathmandu. The firm was found to have evaded government taxes of Rs 2.42 billion through smuggling of goods. The firm is accused of not making the customs declaration of most of the imported goods and evaded government taxes through under invoicing.
Similarly, the DRI has sought to recover Rs 1.39 billion from three firms -- JSS Mobile and Services Pvt Ltd, Shree Shyam Impex and Shree Shyam Baba Enterprises—that are operating their businesses in Sanepa, Lalitpur. These firms have also been charged for smuggling of goods making huge amounts of revenue leakage to the state treasury.
In a separate incident, the DRI team confiscated hard cash of Rs 9.90 million earned from smuggled gold in Bhairahawa. Proprietor of Sony Jewelers Sunil Sunar and his helper Amit Pariyar have been charged for the misconduct. The Department has initiated further investigations into the incident, according to a press release issued by the DRI.