The regional unit of Directorate General of Goods andServices Tax Intelligence here has detected central excise and service tax evasion cases of about Rs 75 crore and recovered more than Rs 50 crore of the evaded tax in 2017-18, DGGI said.
The apex intelligence agency under the Central Board of Indirect Tax and Customs (CBIC), has been functioning in the city for the last three years.
DGGI is the enforcement arm of the CBIC that focuses on anti-evasion work of Goods and Services Tax.
The percentage of recovery of central excise duty and service tax in relation to detection was 68, a DGGI release said.
The tax evaders had adopted various methods to avoid tax payment However, on detection and being confronted with evidence collected by DGGI officers, many of them came forward and paid their tax dues, the release said.
On the basis of information provided by the DGGI here, the Hyderabad zonal unit of DGGI arrested two Hyderabad-based businessmen for evading service tax of more than Rs six crore, it said.
The high compliance level among defaulters was the result of the awareness campaign carried out by the unit with the help of information gathered from the public on tax defaulters, the release said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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