Service Tax Dept recovers Rs 1.92 cr from firm

The Service Tax Commissionerate recovered Rs 1.92 crore from city-based Concast Exim Limited after a search by officials.

The search was made yesterday on specific information received from the Service Tax Commissionerate of Rajkot in Gujarat, the department said in a release here.

The company's total service tax liability stood at Rs 14.34 crore, for which the department was still investigating its books.