Silchar, July 31: The Cachar district administration has detected a most blatant case of evasion of excise duties, revenues and forest dues by a section of traders in the district between 2011 and 2013 fiscals.
According to an official estimate, in 2011-12 fiscal year, losses have run into a whopping Rs 38.56 crore.
Cachar deputy commissioner Gokul Mohan Hazarika today told this correspondent over phone that revenue loss of the state government — because of tax evasion by some traders in the next two fiscals — are now being estimated by the district administration.
Hazarika disclosed the massive tax evasion by some unscrupulous businessmen in this district in a letter to the state government in Dispur on July 26.
According to some other district administration sources, the modus operandi used by the traders in this tax-evasion racket are two fold.
They said the traders, including a businessman who had been absconding since few days from this town, made fake receipts of the Silchar main branch of the SBI by allegedly using counterfeit stamp seals and forging signatures of bank officials.
Hazarika said these acts of tax evasions had come to the notice of excise and forest departments while they were tallying these receipts.
It was found out by the officials that a huge amount of cash was missing from the government’s coffers.