TODAY -
Evasion of VAT Massive Petroleum scandal in North East
Nagaland Post | Saurav Mahanta | Guwahati, Feb 2 :
Essar Oil Ltd a private sector Oil company and BPCL, are actively involved in a massive multi / several thousand crore rupees scandal by knowingly encouraging tax fraud due to different Tax structures in the North East.
A multi-crore interstate tax scam involving loss to the tune of Rs. 500 crores to the Government exchequer has been going on for years under the eyes of the Taxation authorities and without any concrete steps being taken to prevent the same. Officers from Oil Companies like BPCL and Essar Oil Ltd along with senior officers from the Tax department of Assam are also actively involved in this multi-million scam.
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* This Post is uploaded on February 03, 2014
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