Kathmandu. Skyline Infra Pvt. Ltd.) located at Adarshnagar, BirgunjThe Office of the Auditor General has directed the Inland Revenue Department to invalidate the exemption of more than Rs 130 million taken as credit in value added tax.
In the 62nd annual report of the Office of the Auditor General, rs. The court has directed the concerned authorities to make Rs 131.11 million invalid and investigate the business of giving and not giving VAT credit claims.
The 10-storey building has a total area of 120,000 square feet. The mall also has a four-star hotel under the brand of Sarovar Portico, QFX Cinema House (Multiplex), Electronic Equipment Sales Room, Mobile Sales Room, KFC Restaurant and Apple Mobile Showroom.
Cal Group, Patwari Group, Bhangar Group, Salimar Group and Rajesh Agarwal Group (business partner of Shankar Group) are the main investors in this multi-purpose shopping mall.
The sky line was registered with the Inland Revenue Office, Birgunj in June 2017 with the objective of constructing and restoring the mall, building and other transactions. This fertilizer is in the fiscal year 2079. It has built a multi-storied building in 1980 and operated businesses including cinema halls, hotels and digital transactions in the building. Fitness center, spa, beauty salon and discount services are also available in this mall.
The Office of the Auditor General has written in its 62nd annual report, “The main transaction of the taxpayer seems to be to earn income by restoring the shutter for commercial purposes.” Taxpayers with a combination of taxable and tax exempt transactions should claim value added tax credit paid on the purchase of taxable transactions only by separating part of the structure used for taxable and tax exempt transactions. Rs 131.11 million should be investigated. ”
