Taxing times: Rs.4,400 cr worth GST evasion detected, evaders booked
Tax sleuths have detected Goods and Services Tax (GST) evasion of over Rs 4,400 crore during last one year after the new tax regime was implemented in the country. Investigators have booked the evaders for misuse of input tax credit (ITC), mis-declaration and non-filing of GST returns .
The Director General of Goods and Services Tax Intelligence (DGGI) has detected 604 cases of tax evasion amounting to Rs 4,441 crore during July 2017 and September, 2018. About 57% of the taxes evaded have been recovered. Image source; Reuters