Economy

GST evasion worth ₹38,896 crore detected during April-Oct

Minister of State for Finance Shiv Pratap Shukla. File

Minister of State for Finance Shiv Pratap Shukla. File   | Photo Credit: V.V. Krishnan

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The government has detected GST evasion worth ₹38,896 crore in 6,585 cases in the April-October period of 2018-19, Parliament was informed on Friday.

Minister of State for Finance Shiv Pratap Shukla said while central excise evasion of ₹3,028.58 crore in 398 cases was unearthed during the seven-month period, service tax evasion of ₹26,108.43 crore was detected in 3,922 cases.

Customs evasion was detected in 12,711 cases involving ₹6,966.04 crore and Goods and Services Tax (GST) evasion worth ₹38,895.97 crore was unearthed in 6,585 cases, he said in a written reply in the Lok Sabha.

The total amount of evasion in indirect taxes (GST, service tax, excise and customs) during April-October adds up to about ₹75,000 crore.

During the seven-month period, the Central Board of Indirect Taxes and Customs (CBIC) recovered evasion worth ₹9,480 crore in GST, ₹3,188 crore in service tax, ₹1,600.84 crore in customs and ₹383.5 crore in central excise, Mr. Shukla said.

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Printable version | Jan 28, 2020 7:47:15 PM | https://www.thehindu.com/business/Economy/gst-evasion-worth-38896-crore-detected-during-april-oct/article25851210.ece

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