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Rs. 6 cr of Tax Evasion in 5 Months Identified Under GST

February 08, 2018

Rs. 6 cr of Tax Evasion in 5 Months Identified Under GST

The finance ministry reported tax evasion of Rs. 5.70 crores in 16 cases between July and November of the current fiscal year. It also reported service tax evasion to the tune of Rs 9,660 crore in 2,938 cases between April and December, and central excise evasion of Rs. 7,242 crores in 614 cases.

P P Chaudhary, who is the current Minister of State for Corporate Affairs and also the one to provide these details via a written reply to the Rajya Sabha recently said that the tax department takes appropriate measures for such cases of tax evasion including penalties, searches, seizures, etc.

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