Daijiworld Media Network - New Delhi
New Delhi, Aug 23: Director of Indian Institute of Planning and Management (IIPM) Arindam Chaudhuri was arrested by the Central Goods & Services Tax (CGST) South Delhi Commissionerate on Friday August 21 under Section 89 of the Finance Act which enlists penalties for evading payment of service tax.
Accused of tax evasion, Chaudhuri was held liable for an alleged undue claim of Central Value Added Tax (CENVAT) of the service tax credit of about Rs 23 crore.
Gurudas Malik Thakur, who too is a director of IIPM, was also arrested under the same offence and sent to 14 days' judicial custody.
This is not the first time Chaudhuri has faced accusations. Earlier on March 14 this year, he was held for allegedly submitting a forged medical certificate after police asked him to join the probe with respect to a 2016 case. He was subsequently released on bail.
Further back in 2015, Delhi Police registered an FIR against IIPM following the complaint of UGC that the institute was 'misleading, cheating, and fooling' students as it was not recognised by any regulatory body.