GST Probe Body Finds ABB India Evaded Taxes
The indirect tax investigating agency found ABB India Ltd. evaded goods and services tax by wrongly classifying equipment, according to a person aware of the development. The Directorate of Goods and Services Tax Intelligence’s probe revealed that the company misclassified turbochargers—used to boost engine efficiency—supplied to the Indian Railways, the person said on the condition of anonymity&n…