Friday, April 22, 2022

Mumbai: Rs 10cr cash found in trader’s 35 sqft office floor, wall

The state Goods and Services Tax (GST) and income-tax (I-T) investigation wing have seized nearly Rs 9.8 crore unaccounted cash and 19 kg silver bricks worth Rs 13 lakh stashed in secret compartments on the floor and a wall of a bullion trader's 35 sq ft office at Kalbadevi. Officials suspect Chamunda Bullion's involvement in fraudulent input tax credit claims and hawala.

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