Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Feb 27, 2019

Government Detects GST Evasion Of Rs 20,000 Crore In April-February

Government Detects GST Evasion Of Rs 20,000 Crore In April-February
A worker holds his goods and services tax (GST) papers. (Photographer: Anindito Mukherjee/Bloomberg)

The government detected goods and services tax evasion of around Rs 20,000 crore between April 2018 and February 2019.

Of the Rs 20,000 crore, Rs 10,000 crore was recovered, John Joseph, member (investigations) at the Central Board of Indirect Taxes and Customs, said while speaking at an event organised by industry body Assocham.

The government will take more measures to increase compliance, and act against evaders so that genuine businesses do not suffer, he said.

The government, which set up the Directorate General Analytics and Risk Management under the CBIC, is relying on intelligence-based enforcement, formation of e-way bill squads and systematic analysis of data to curb evasion.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search