70,000 Crore ‘Biryani Scam’ Exposed From Hyderabad; Strict action across the country due to billing software manipulation
- A new biryani scam has surfaced in the country.
- Bills were being deleted from the system after the full amount was recovered from the customer.
- Investigation revealed that bills worth approximately Rs 13,000 crore were deleted.
This case is no less than a movie screenplay. Hyderabadi It started with biryani and ended with one of the country’s biggest tax evasion scams. 70,000 crore tax evasion by restaurants by manipulating billing software has been exposed. Initially, the investigation began with a routine inspection of some biryani restaurants in Telangana and Andhra Pradesh. The authorities suspected a significant discrepancy between the number of people in the restaurant and their declared earnings. Subsequently, the scope of the investigation was expanded to examine the digital billing software used by approximately 1.77 lakh restaurants across the country.
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This is just the beginning
The official believes that the Rs 70,000 crore figure comes from just one billing software hack. There are many such software in the market. If all of them are investigated, the scam could be even bigger. Currently, the government and investigative agencies are investigating the entire network through digital forensics to prevent such digital tax evasion in the future.
States: How much was being stolen?
- According to statistics, approximately one-fourth (25%) of total sales were concealed.
- Karnataka was at the forefront of tax evasion.
- Telangana and Tamil Nadu came second and third.
- At the local level, hidden sales worth approximately Rs 5,100 crore were detected in Andhra Pradesh and Telangana.
- An example was when the officials did physical verification of only 40 restausts and found a fraud worth Rs 400 crore.
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How was the money hidden?
Investigation revealed that the restaurant owners collected the full amount from the customers but changed the amount in the system. After the customer paid, the bills were deleted from the system. Bills worth approximately 13,000 crores were deleted across India. Since cash is difficult to track, most restaurants delete cash from their records.
Disclaimer: This is an automated news feed of Navrastra newspaper. It is not edited by navarashtra.com staff.
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