In a significant move against tax evasion, the Enforcement Branch-II of the Commercial Taxes Department has apprehended an individual in a GST evasion case exceeding Rs 50 crore. The accused, Mahesh Chand Gupta, appeared before the Special Court (Economic Offences) in Jaipur and was subsequently sent to judicial custody.
A detailed investigation is underway to determine if other individuals or entities are linked to the case. It was discovered during the probe that Mahesh Chand Gupta operated JSM Industries, allegedly conducting large-scale taxable transactions without issuing tax invoices or paying the required GST.
The investigation disclosed that between the financial years 2022-23, 2023-24, and 2024-25, the firm engaged in substantial trading activities, particularly in almonds, outside official records and without valid tax invoices. The evasion of GST, estimated at over Rs 50 crore, from these covert dealings has led to a significant revenue loss for the government.
Records examination revealed that the firm conducted transactions involving the purchase, storage, and sale of goods without proper accounting. Mahesh Chand Gupta was arrested by Enforcement Branch-II under the provisions of Section 69 of the Goods and Services Tax Act, 2017, based on evidence collected during the investigation.
A team led by officials like Sandeep Kumar Chaudhary and Rajesh Kumar Yadav, under the direction of Babu Singh Chauhan, Additional Commissioner (Administration), Enforcement Branch-II, conducted the operation. The Commercial Taxes Department is resolute in its efforts to combat tax evasion and dismantle illicit business networks.
The department will continue to rigorously enforce GST laws to ensure compliance, protect government revenue, and foster a transparent tax system in the state.
