Mumbai: The Enforcement Directorate (ED) probing a money laundering case against erstwhile management of Bhushan Power & Steel Limited (BPSL), has come across alleged ‘clandestine clearances’ of finished goods from its Odisha Plant to its plants at Kolkata and Chandigarh.
According to the agency, goods valued at Rs. 700 crore had been allegedly cleared without payment of applicable taxes and duties and without issuance of any statutory invoice.
