PATNA: The commercial taxes department has busted a syndicate supplying coal mined illegally to firms both in Bihar and Jharkhand, officials said.
The syndicate operated through a bogus firm based in Madhubani making a transaction of ₹73 crore causing tax losses worth ₹25 crore, they said.
The Madhubani-based fake firm was acting as the main conduit in the syndicate of illegal coal supply to states like Jharkhand, Bihar and other states by creating a fake paper trail to dupe authorities in evading taxes, said people aware of the matter.
