Kachori seller earns Rs. 60L; gets tax notice

India

25 Jun 2019

Aligarh: This Kachori seller earns Rs. 60L; gets tax notice

There may be many reasons for why Prime Minister Narendra Modi's pakoda selling advice doesn't work, and you can add another to your list: pakodas aren't kachoris.

Apparently, you can earn over Rs. 60 lakh annually by selling kachoris alone, as proven by one Aligarh-based Kachori seller, Mukesh Kumar, whose shop was recently inspected by income tax officials.

Here's what went down.

Details

Commercial tax department received complaint against Mukesh

Commercial tax department received complaint against Mukesh

The shop, called 'Mukesh Kachori,' is located near the Seema cinema hall in the Nai Basti area of Aligarh. Over the past 12 years that Mukesh has been running the shop, it has grown quite popular among locals.

The line of customers never ends throughout the day, IANS reports.

Recently, the commercial tax department received a complaint against 'Mukesh Kachori', given its immense popularity.

Investigation

'Mukesh Kachori' earns between Rs. 60 lakh-1 crore

After receiving the complaint, tax inspectors stalked 'Mukesh Kachori' while sitting at a nearby shop.

Reportedly the inspectors tracked sales at the shop and estimated that 'Mukesh Kachori' earns between Rs. 60 lakh to Rs. 1 crore annually, and perhaps even more.

Thereafter, Mukesh was served a tax notice as his shop is not registered under GST, and he does not pay taxes.

Love India news?

Stay updated with the latest happenings.

Yes, notify me

Quote

No one told me that these formalities are needed: Mukesh

No one told me that these formalities are needed: Mukesh

Mukesh told IANS, "No one told me that these formalities are needed. We're simple people who sell 'kachoris' and 'samosas' for a living."

Speaking to ANI, Mukesh added, "Modiji said GST registration is required in turnover of more than Rs. 40 lakh, my income isn't even half of it. These people are threatening me now."

He claims his daily sale is Rs. 2,000-3,000.

Authorities

Mukesh told to register GST, pay one year's tax: SIB

Meanwhile, a State Intelligence Bureau (SIB) member investigating the case told IANS, "Mukesh readily admitted to his income and gave us all details of his expenditure on raw material, oil, LPG cylinders, etc."

An SIB official said Mukesh will need to register the shop under GST and pay tax for one year. SIB Deputy Commissioner R.P.D. Kaunteya confirmed a notice has been issued.

Businesses with Rs. 40 lakh annual turnover to pay GST

As of April 1, 2019, any business with an annual turnover of Rs. 40 lakh is required to get a GST registration under the GST Act. A 5% tax is levied on prepared food, hence, Mukesh will have to pay Rs. 3.5 lakh annual tax.

Share this timeline

Aligarh

Aligarh Kachori

Commercial Taxes Department

Goods and Services Tax (GST)

GST

Income Tax

IT Raids

Mukesh Kachori

TAX

Uttar Pradesh

Share this timeline

Ask NewsBytes
User Image

Most asked questions

Where is this shop located?

How much does the Kachori shop earn?

How did the tax department find out about Mukesh Kachori Bhandar?

How much do i need to earn to register for GST?

More questions

Where is this shop located?

Asked 2019-06-25 19:10:30 by Navya Kapoor

Answered by NewsBytes

The shop, called 'Mukesh Kachori Bhandar,' is set up near the Seema cinema hall in the Nai Basti area of Aligarh.

How much does the Kachori shop earn?

Asked 2019-06-25 19:10:30 by Pari Chopra

Answered by NewsBytes

According to the commercial tax department, 'Mukesh Kachori Bhandar' earns between Rs. 60 lakh to 1 crore annually, and perhaps even more.

How did the tax department find out about Mukesh Kachori Bhandar?

Asked 2019-06-25 19:10:30 by Hemant Yadav

Answered by NewsBytes

Reportedly, the commercial tax department received a complaint against Mukesh Kachori Bhandar.

How much do i need to earn to register for GST?

Asked 2019-06-25 19:10:30 by Rakesh Rangan

Answered by NewsBytes

As of April 1 2019, any business with an annual turnover of Rs. 40 lakh is required to get a GST registration under the GST Act.

Next Timeline