SME Times is powered by   
Search News
Just in:   • 'Enhanced cooperation between India, B'desh will make S Asia hub for apparel innovations'  • Nepal's economy not like Sri Lanka's, but can go that way: Former central bank Guv  • 'Time to move from 'Volume' to 'Value' leadership in Pharma market'  • Ola Electric slips to 4th spot as EV registrations fall amid fire fears  • T.Raja Kumar takes over as FATF chief 
Last updated: 21 May, 2022  

Accounting.9.Thmb.jpg Protest against arrest of two Chartered Accountants

   Top Stories
» 'Time to move from 'Volume' to 'Value' leadership in Pharma market'
» Large borrowers' loan accounts and bad loans decline: RBI
» Kharif 2022: Rice, oil seeds sowing less, pulses, coarse cereals more over 2021
» RBI hits hard on Bitcoin, DeFi, crypto trading platforms
» Import duty on gold increased, may not impact demand
SME Times News Bureau | 21 May, 2022
The Gurugram chapter of the Institute of Chartered Accountants of India on Saturday protested against the arrest of two chartered accountants (CA) detained by DGGI, Gurugram CGST Department for allegedly giving an unjust enrichment certificate in a matter related to GST refund of Rs 15 crore.

The CAs took out a march from Sector-32 from the CGST building to the district court, holding placards and shouting slogans against the department.

According to the protesting CAs, four-five businessmen in connivance took a refund of Rs 15 crore based on fake bills without doing any business a few months ago.

The complaint of this matter was forwarded to the Union Finance Ministry. During the probe, the matter was found true. After this, a case was registered against the CAs -- Gaurav and Sunil -- who verified the documents of the businessmen, and got arrested after registering a case on behalf of the department on Thursday.

CA Mohit Singhal, chairman of the Institute of Chartered Accountants of India Gurugram chapter, says that departmental officials should have investigated before issuing refunds.

"There is no fault of both the CAs. We demanded a CBI inquiry into the matter. The arrest is illegal and malicious since there is no action against the person who received the refund and the officer who allowed the refund without properly verifying the documents," he said.
Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 04 Jul, 2022
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
» Starting an import export business: Basic guide for beginners(1)
» China's forex reserves reach USD 2.85 trillion(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter