CGST Issued Notices For Fraudulent Input Tax Credit Of 22 Crores IPL

Big action on RCA before the third match of IPL: CGST issued notices for a fraudulent input tax credit of 22 crores

May 5, 2023 - 02:36
 0
CGST Issued Notices For Fraudulent Input Tax Credit Of 22 Crores IPL

With the organization of IPL in Rajasthan, the process of controversy has also started. Before the first and second matches of IPL where seizures and notices were done regarding the construction done in the stadium. On the other hand, before the third match, now the Central Goods and Services Tax CGST department has taken a big action against the Rajasthan Cricket Association and the forgery of input tax credit of Rs 22 crore has come to the fore. After which the transactions done by RCA are thoroughly scrutinised.
In fact, the CGST department had received a complaint about irregularities in the transactions of the Rajasthan Cricket Association. After which, on Thursday evening, the Central Goods and Services Tax CGST team gave a notice regarding the forgery of an input tax credit of Rs 22 crore. Shortly thereafter, Rs 10 crore was also deposited in the Central Goods and Services Tax Department on behalf of the Rajasthan Cricket Association in a hurry.
At the same time, the CGST team is currently probing the whole matter thoroughly. In such a situation, the action taken before the third match of the IPL has once again put the office bearers of the Rajasthan Cricket Association in trouble.
However, the officials of the Central Goods and Services Tax Department along with the Rajasthan Cricket Association are refraining from saying anything regarding this whole matter. So now have to see. The effect of this action taken during the IPL is visible on the players and cricket of Rajasthan along with the match.
Let us tell you that even before this, in the first match of IPL, the Sports Minister had seized a stand in the stadium, saying that it was illegal for the construction done at Sawai Mansingh Stadium. At the same time, just a few hours before the second match, the sports department had approved the construction done at the SMS stadium.

Muskan Kumawat Journalist & Writer