The Revenue Investigation Department filed an indictment in the High Court on Monday on the charge of evading revenue of 1 billion 21 crores by a single construction company.

The department has filed a case against Dhruva Construction Pvt. Ltd. owner Dhruv Dev with a demand for imprisonment of up to three years. The company has been accused of evading VAT and income tax mainly by creating fake invoices.

The company, which has an address at Kathmandu Metropolitan City-31, has been accused of committing an offense related to revenue leakage during its business dealings in contract leasing, consultancy services and purchase and sale of construction goods.  This is probably the first case in which the

department filed a charge sheet against a single company with the demand to recover such a large amount in the current year.  According to Navraj Adhikari, information officer of the

department, during the investigation, errors were found including issuing bills without handing over the goods and services, not doing the purchase transaction through the bank, not issuing the serial number of seeds, not confirming the source of purchase of goods, not filing the price increase and income tax. 

The department has even demanded that Dhruv be jailed for causing losses to the state with the intention of defrauding the revenue. Dhruv has to collect value added tax 458 million, 83 thousand 434 and income tax 140 million 65 million 31 thousand 824 including 60 million 46 million 15 thousand 258 Vigo.