IPL 2023: Just hours before the upcoming IPL 2023 match in Jaipur, the Rajasthan Cricket Association (RCA) finds itself embroiled in a forgery controversy. The Central Goods and Services Tax (CGST) department has served a notice to the RCA, alleging a fraudulent claim of an input tax credit worth Rs 22 crore. The financial transactions of the RCA are currently under investigation, with reports suggesting that the management of Rajasthan Royals, the associated team, is also under scrutiny.
RCA deposits INR 10 crore
Following the issuance of the notice, sources have revealed that the Rajasthan Cricket Association (RCA) hastily deposited Rs 10 crore with the Central Goods and Services Tax Department. The CGST team is currently engaged in a comprehensive investigation of the entire situation. It is worth mentioning that prior to the ongoing IPL, which is being organized by the RCA, stadium construction work amounting to Rs 22 crore was undertaken.
According to sources, both the Rajasthan Cricket Association (RCA) and Rajasthan Royals are alleged to have been involved in tax evasion. The Central Goods and Services Tax (CGST) team initiated an investigation upon discovering this information. During the probe, documents indicating tax evasion of several crore rupees were reportedly uncovered, particularly related to the distribution of complimentary match tickets.
Sources further revealed that both the RCA and Rajasthan Royals had produced GST bills for the stadium construction and complimentary passes issued prior to the IPL match.
Rajasthan Royals team management under scrutiny
Following the investigation by the CGST department, a significant number of these bills were discovered to be counterfeit. Consequently, the RCA and Rajasthan Royals management have been under investigation by the CGST department since Thursday evening.
In the event of their culpability, the Rajasthan Cricket Association and Rajasthan Royals management could face legal action, including the possibility of arrest. As of now, officials from both the Rajasthan Cricket Association and the CGST department have refrained from providing any comments regarding the ongoing investigation.
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