Company director held for tax evasion

By Accommodation Times Bureau


The officers of CGST Delhi North Commissionerate have arrested a director of a Company for evasion of Tax, Revenue department on Wednesday said.

The Company had collected over Rs 3 Crores as Service Tax from its clients but had not deposited the same with the Government Exchequer, it said in a statement.

The release stated that under Section 91 of the Finance Act 1994 for violating the provisions of Section 89 of the Finance Act 1994 read with Section 174 of CGST Act, 2017, the director was arrested. The release did not disclose the name of director either company.

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