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Aditya Kalra
@adityakalra
Reuters journalist. Editor, India Company News. Sector agnostic. Decoding secret business strategies. Deeply reported + investigative journalism. Opinions mine
加入 October 2009
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BREAKING: Fake photos of e-waste trucks showed “bright daylight” 29 minutes after sunset -- and one recycler admitted adding “a few clouds”. Indian tax authorities have faulted Haier, Godrej and Blue Star, for failing to detect that one of their recyclers was fabricating records. They used its compliance certificates to meet green goals. India has been concerned about fake compliance certificates, and the case has alarmed the industry. Haier, Godrej & Boyce and Blue Star "admitted that they had not independently verified the actual collection, transportation, receipt, dismantling or recycling of the e-waste", which is necessary to claim tax credits, the notice added. "The foundational activity of procurement, receipt and processing of e-waste itself is not established." Officials say the three companies wrongly claimed $714,000 in tax credits as the recycling work was never actually done by vendor With @Nikunj_Ohri
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