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HomeGST NEWSMumbai: Statements of 18 bookmakers recorded in GST evasion

Mumbai: Statements of 18 bookmakers recorded in GST evasion

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Officials from the Central GST have recently taken cognisance of the Mahalaxmi Racecourse cheating and gambling case registered last year at Tardeo police station.

As per a GST official, statements of all 18 bookmakers, mostly high-profile residents of south Mumbai and Pune, are being recorded in ‘their suspected connection of estimated evasion of tax of around 500 crore under the banner of Royal Western India Turf Club Ltd (RWITCL).The bookmakers had to pay ‘entertainment tax’ to collectors until June 30, 2017, while under the GST regime, tax is payable at 28 per cent.Tardeo police also found that Mahalaxmi Racecourse flouted rules while giving licences to bookmakers for the stalls.

Source: https://www.mid-day.com/articles/mumbai-statements-of-18-bookmakers-recorded-in-gst-evasion/411294

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