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HomeUncategorizedGST evasion of Rs 14,302 crore detected in April-May; 28 persons arreste

GST evasion of Rs 14,302 crore detected in April-May; 28 persons arreste

New Delhi, Jul 31 (PTI) As many as 2,784 cases of GST evasion involving Rs 14,302 crore were detected in the first two months of the current fiscal, while Rs 5,716 crore was recovered during the period, Parliament was informed on Monday.

Finance Minister Nirmala Sitharaman in a written reply in the Lok Sabha gave details of Goods and Services Tax (GST) and income tax evasion, as well as detection of outright smuggling by the Customs department.

As per the data, GST evasion of over Rs 2.68 lakh crore was detected in 43,516 cases between 2020-21 and 2023-24 (April-May). A recovery of Rs 76,333 crore was made during the period while 1,020 persons were arrested.

Source :- https://www.ptinews.com/news/national/gst-evasion-of-rs-14302-crore-detected-in-april-may-28-persons-arrested/620344.html

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