Hyderabad, July 30 -- In a significant enforcement action, the Telangana State Commercial Taxes Department has unearthed a major and unprecedented tax fraud involving Keshaan Industries LLP, a Hyderabad-based private firm.
Acting on credible intelligence, officials conducted coordinated inspections at the company's corporate office located on SP Road, Hyderabad; a godown at Bansilalpet, Secunderabad; and its factory units in Kalakal Automotive Park and Muppireddypally villages in Medak district.
The company has allegedly generated high-value tax invoices for the supply of copper materials without any corresponding movement of goods.
As per the preliminary findings, empty vehicles were dispatched from Telangana to Maharashtra, while doc...
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