Govt. releases figures of tax evasion/recovery for last 3 FYs, evasion higher post-GST

Jan 08,2019

Finance Ministry explains that investigations have been initiated in whooping 3626 cases of GST evasion/violations in the present financial year (up to December, 2018) by CGST (Central GST) formations involving a tax amount of Rs. 15,278 crores (approx.); Further, explains that an amount of Rs. 9,959 crore (approx..) has been recovered out of total detention during the period April 2018 to December 2018; The quantum of tax evasion detected has gone up in FY 2018-19 (upto...

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