A concept that was born out of the suspended chaos, now a knight in shining armour in the post-GST era. Tasmac fetches nearly Rs 50,000 crore to the government kitty!
After intense searches at Tasmac headquarters and premises related to the firm, the ED, in a press release on March 13, said it had found incriminating materials indicating a scam of Rs 1,000 crore.
Madras HC directed the ED to return all properties seized and sealed during the search conducted on May 16, until the writ petitions are finally adjudicated.