Trader booked for evading tax worth Rs38.47 lakh

NAGPUR: Manish Chauhan, a cotton trader, has been booked for criminal breach of trust and cheating following a complaint by

Punjab-based businessman

Jitesh Mittal.


Mittal claimed to have been duped of Rs38.47 lakh by evading sales tax over a transaction in the past.

Police said Chauhan and Mittal traded in cotton worth over Rs8.08 crore between 2011 and 2013. Chauhan, who did not issue any legitimate bills, avoided paying the mandatory value added tax as per the state government norms.

The sales tax incurred on the transactions was also not deposited by Chauhan as per the taxation legislation. The tax evasions by Chauhan landed Mittal in legal problems too.

Mittal approached

Kalamna

police to register an offence against Chauhan for evasion of taxes.