UP recovers 15 crores of tax money in sugar mills` raids
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Last Updated: Saturday, January 15, 2011, 12:01
  
Lucknow: The trade tax department of Uttar Pradesh has recovered tax money of Rs 15 crores in raids conducted in several sugar mills of western UP for the unaccounted trade of Rs 750 crore, official sources said here.

The mills were flouting the rule to pay two per cent tax on the sale of sugar in another municipal limit. Trade tax officers came across several trucks yesterday which were shown as transporting sugar to other states but in reality they were offloading sugar within the state, Trade Tax commissioner Chandrabhanu said in a release issued here.

He said raids were conducted on seven sugar mills of Western UP in which the officers found unaccounted sugar worth a total of Rs 750 crore.

A fine of Rs 30 crore would be imposed on these mills, he said adding that the surprise raids would continue in future also.

The sugar mills raided included one in Moradabad, two in Dhampur, Sibhawali, Baijnathpur, Modinagar and Tikaula each.

PTI


First Published: Saturday, January 15, 2011, 12:01


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