Company directors booked for duping sales tax department

Company directors booked for duping sales tax department


August, 22nd 2012
The police arrested two directors of DG Archards company on Monday. The two officials were remanded to police custody remand till August 23. The directors have allegedly not submitted more than Rs10 crore in sales tax and cheated the sales tax department by forging documents.

On August 17, assistant sales commissioner SS Bankar of Nagpur had lodged a complaint at Hinganghat police station against four directors of DG Archards, a soyabean processing company, based at Hinganghat. Police filed offences under sections 420, 409, 467, 468, 471, 406 and 34 of IPC.


The police arrested two directors Prakashchand Bhut (43) and Yog Nawalkumar Bhut (36) from Amravati. The other two have not been arrested yet.

In the FIR, the sales tax official wrote that the firm had shown false sales account books. They had also shown their business as being out of the state. However, sales tax officials found that all bill books were false. The traders also did not have proper licences.