'Like the diamond, we need to make India shine,' Narendra Modi at diamond hub

He urged the diamond traders to work towards his vision of India Shining.

Post By : IJ News Service On 01 October 2013 11:22 AM
After being identified for sales tax evasion, Frucci's Jewelers Ltd. paid $207,926 towards back state and local sales tax, interest, and penalties, pleading guilty. The case surfaced during an undercover investigation named "Operation Goldrush". According to the complaint filed at the Nassau District Court, Frucci's had defaulted in collecting $102,729 towards state and local sales taxes from its consumer sales in the period between March 1, 2004 and November 30, 2007. %% The Operation Goldrush is being spearheaded by New York State Tax Department's Special Investigations Unit in Nassau County, and the department's Petroleum, Alcohol and Tobacco Bureau. The case of Frucci's Jewelers Ltd is the first such case to be identified so far.

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