DRI Files Cases Against Three Firms For Issuing Fake VAT Bills

June 2, 2020 | RSS

Department of Revenue Investigation (DRI) has filed cases at Patan High Court against three business firms of Kathmandu for their alleged involvement in revenue leakage by issuing fake Value Added Tax (VAT) bills.

In a statement, the DRI said that the cases were lodged at the court on Wednesday for evading Rs 406.1 million in tax evasion and has sought two fold of the evaded tax amount in fine.

The Director General at DRI, Dirgha Raj Mainali, said that New Sagar Plastic Concerns’ proprietor Sanju Kijoo and main accused Sagar Kijoo evaded Rs 268.2 million in tax by issuing fake bills.

Likewise, proprietor of Supreme Plastic Concerns Sagar Kijoo evaded Rs 67.7 million in tax. The firms were charged of issuing fake VAT bills without procuring goods and services.

Similarly, proprietor of Bicoyirskyer Bangalamukhi JV Roshan Kumar Shrestha has faced a charge sheet for his involvement in revenue leakage worth Rs 80 million plus.

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