Tax Evasion in Post-GST Regime

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Tax Evasion in Post-GST Regime

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....ax Evasion in Post-GST Regime GST Dated:- 31-7-2018 The number of cases of Tax Evasion reported post-GST regime are given in Table below: Period Detection No. of cases Amount in Cro....

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....re July 2017 to June 2018 1205 3026.55 The nature of cases include misuse of Input Tax Credit, mis-declaration in the GST Returns, tax declared in GST Returns & not paid, and cases where GST re....

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....turns not filed and Tax not paid. The details of number of entities claiming GST refunds based on fake invoices being reported to the Government are as under: Period Detection No. of cases Amoun....

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....t in Crore July 2017 to June 2018 5 23.49 Based on intelligence received/developed, appropriate action is taken under law to protect the Government revenue. This was stated by Shri Shiv Pratap....

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.... Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha. News - Press release - PIB....

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Tax Evasion in Post-GST Regime