Rayapati Sambasiva Rao admits the mistake

After the TDP and BJP ended their alliance, each party is blaming the other and as a result, there’s a breaking news popping up every day. As the TDP has been challenging the BJP to prove their allegations, the government seems to have taken it seriously and targeted the TDP MP Rayapati Sambasiva Rao.

 

Central Goods and Services Tax (CGST) conducted raids at Rayapati Sambasiva Rao’s corporate offices in Hyderabad, suspecting large-scale tax evasion. It may be noted that the raids have been carried out at a time when the TDP is at loggerheads with the BJP.

 

 

 

Rayapati owns Transstroy (India) Limited, an engineering and construction company that bagged the multi-crore Polavaram project in Andhra Pradesh in 2012. The raids come after the Rayapati voted for the Congress candidate in the Rajya Sabha Deputy Chairman elections which was held on Thursday.

 

The MP confirmed the raids and said there was no direction to pay GST and his employees were caught unawares when the raids took place. The Transstroy Company bagged the tender in 2012 by quoting 14 percent of the total project cost of Rs 4,717 crore. Rayapati Sambasiva Rao, a former member of the Rajya Sabha was elected from the Narasaraopet assembly constituency, AP on TDP ticket. He was formally with the Congress party.

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