The mobile wings of the tax department inspected 12 furnaces and impounded 60 vehicles during a surprise check at Mandi Gobindgarh on Monday. The special drive to detect GST evasion in the iron and steel industry has been going on for some time now.

The raid was focused on scrutinising vehicles carrying iron scraps and finished goods. Most vehicles lacked the necessary e-way bills corresponding to the transported goods. The inspection was conducted by a team of 50 tax officials.

The investigations revealed that the purchases were made from non-compliant entities that had not contributed taxes to the government treasury. After an inquiry, these vehicles could face fines exceeding to Rs 2 crore.

GST evasion is a serious problem that can undermine the government's tax revenue and distort the market. The team is currently investigating the matter and is likely to take further action against the errant parties.

The raid in Mandi Gobindgarh is a clear message to businesses that the government is serious about enforcing GST compliance. Businesses that are not complying with GST laws should take heed of this message and come into compliance before they are caught.