RCA lands in tax evasion controversy as Jaipur gears up for 3rd IPL match
CGST department is suspecting RCA of a Rs 22 crore input tax credit fraud.
JAIPUR: In the midst of preparations for today’s Indian Premier League (IPL) third match at Jaipur’s SMS Stadium, the Rajasthan Cricket Association (RCA) has again landed in controversy.
The Central Goods and Services Tax (CGST) Department is suspecting RCA of a Rs 22 crore input tax credit fraud.
Following a complaint about irregularities in the RCA’s transactions, the CGST Department has begun an investigation.
On Thursday evening, the CGST team issued a notice to the RCA concerning the Rs 22 crore input tax credit evasion. In response, the RCA has deposited Rs 10 crore with the CGST Department, sources said.
The CGST team continues to probe the matter, placing added pressure on the RCA office bearers just before the highly anticipated third IPL match.
The RCA has been plagued by disputes since the beginning of the IPL season. In a previous incident, the Sports Minister seized a stand at the Sawai Mansingh Stadium (SMS Stadium), claiming its construction was illegal. However, only hours before the second match, the construction was approved.