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GST evasion News

Goods and Service Tax

12 Feb 2022

Blockchain tech to GST evasion, 1st phase implementation soon

Several other industries are using blockchain technology to make their processes safer than ever. The department is expected to receive accurate information in relation to the businessman filing for the claims.

Goods and Services Tax

18 Apr 2021

GST officers to be soon armed with real-time data on vehicles

Under the Goods and Services Tax (GST) regime, e-way bills have been made mandatory for inter-state transportation of goods valued over Rs 50,000 from April 2018. However, gold is exempted. In the electronic way (e-way) bill system, businesses and transporters have to produce before a GST inspector the e-way bill, if asked. The government is now working on 'Real-time and Analysis Reports on RFID' for GST officers to help them nab tax evaders who are misusing the e-way bill system.

Directorate General of GST Intelligence

12 Aug 2020

GST intelligence detects over Rs 17cr tax evasion by cement manufacturer in MP

The searches were conducted at Maihar, Satna, Allahabad, Kushinagar, Agra, Kanpur and New Delhi. In all, 28 searches were conducted during the one-week long operation During the factory search on Saturday, the team of DGGI officials was surrounded by a mob of people who threatened and interfered with the official proceedings, the statement said The DGGI officials recovered cash transaction private records from company officials revealing unaccounted cash credit of more than Rs 7.5 crore for few months period in the year 2018, it said

29 May 2019

SC agrees to examine power of tax authorities to arrest individual for GST eva

A vacation bench comprising Chief Justice Ranjan Gogoi and Justice Aniruddha Bose issued notice to the Centre and sought its reply on a batch of pleas challenging the provision of arrest under the CGST Act.

25 Apr 2019

FinMin brings in changes in e-way bill system to check GST evasion

Touted as an anti-evasion tool, the electronic way or e-way bill was rolled out on April 1, 2018, for moving goods worth over Rs 50,000 from one state to another.

27 Feb 2019

Govt detects Rs 20,000 crore GST evasion in April-Feb FY'19

Currently, GST has 4-tier slab of 5, 12, 18 and 28 per cent, while essential items are zero rated.

15 Jan 2019

E-way bill to be integrated with NHAI's FASTag to track GST evasion from April

With GST system now stabilising, the focus of the Central Board of Indirect Taxes and Customs is now on increasing compliance and checking evasion.

28 Dec 2018

GST evasion worth Rs 38,896 crore detected during April-October

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

05 Jul 2018

Strict actions will be taken to avoid tax evasion: GST Commissioner KN Raghvan

Anurag Shah, Zee Business

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