18 TAX DEFAULTERS; 11 FROM GUJARAT-TOTAL DUES MORE THAN Rs.500 CRORE.

The Central Board of Direct Taxes has made public the list of 18 tax defaulters who owe more than Rs.500 crore to the exchequer. Of the 18 defaulters, 11 are from Gujarat.

This is the first time that the department has put in public the list of willful tax defaulters who have a tax liability of Rs.10 crore and above and in many cases the assesses were not ‘traceable’.

The names of the companies and their tax liabilities are given below;

SomanI Cement- Rs. 27.47 crore, Blue Information Technology- Rs.75.11 crore, Appletech Solutions- Rs.27.07 crore, Jupiter Business- Rs.21.31 crore, Hirak Biotech-18.54 crore, Icon Bio Pharma & Healthcare- Rs.17.69 crore, Banyan & Berry Alloys- Rs.17.48 crore, Laxminarayan T Thakkar- Rs.12.49 crore, Virag Dyeing & Printing- Rs.18.57 crore, Poonam Industries- Rs.18.54 crore, Kunvar Ajay Food Pvt Ltd- Rs.15 crore ( All from Gujarat)

Goldsukh Trade India- Rs.75.47 crore, (Jaipur), Victor Credit & Construction Rs.13.81 crore(Kolkata,), Noble Merchandise-Rs.11.93 crore (Mumbai) are also in the list.