Former Part-Owner of Hardeeville Hotel Arrested for Evading Sales Tax
Columbia, SC (May 9, 2013) --- Ravindra Parmar was arrested today by the South Carolina Department of Revenue for evading sales tax for seven years.
According to state investigators, while Parmar, 57, was an owner and shareholder of a Jasper County hotel from 2005 through 2011, he was responsible for filing monthly sales and use tax returns for the establishment. While filing sales tax returns during this time period, Parmar included fraudulent deductions amounting to approximately $1.62 million. In addition, through an audit of the hotel’s corporate income tax returns, the investigation determined that Parmar failed to report $240,131 in sales for 2008, 2009, and 2010.
By falsifying deductions and underreporting sales, use, and accommodations tax, Parmar evaded approximately $181,371 in sales tax due to the state.
If convicted of the seven charges, Parmar, a resident of Jesup, GA, could face up to $70,000 in fines and/or up to 35 years in prison if convicted. Parmar is currently being held at the Jasper County Detention Center awaiting a bond hearing.