The GST cell of the Income Tax Department slapped a fine of ₹64.2 lakh on a Bengaluru-based jewellery store after its employees were caught with 6.5 kg of unaccounted gold jewellery worth ₹3.3 crore during a random vehicle check in November 2020.
“SS Jewellers, situated in Nagarpete, was getting the jewellery designed in Mumbai and transporting the items illegally through a private courier to avoid paying taxes,” said a senior police official.
Last November, while they were on their night rounds, police constables Hanumantha and Anand stopped two people on a scooter in Doddapete. A search revealed that they were carrying a bag full of gold jewellery. The duo told the police that it was a consignment of artificial jewellery but as they were unable to provide bills or proof, they were taken to the station.
On questioning, they claimed to be transporting the gold for a jewellery store.
Based on their confession, the case was handed over to the I-T Department following which the GST cell slapped a fine, said the police.
