GST\, excise\, service tax evasion shoots up to Rs 48\,555 cr in Apr-Dec

GST, excise, service tax evasion shoots up to Rs 48,555 cr in Apr-Dec

An amount of Rs 9,959.29 crore of GST evasion has been recovered between April 2018 and December 2018, MoS Finance told Rajya Sabha

Press Trust of India  |  New Delhi 

Photo: Shutterstock
Photo: Shutterstock

GST, central and evasion detected during the April-December period of the current financial year stood at Rs 48,555 crore, the highest in two years.

Of this, investigation in 3,626 cases of evasion/violations was initiated till December in the current financial year by Central (CGST) formations.
 

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"On the basis of investigation conducted so far, it emerges that the amount of tax involved in these 3,626 evasion/violations cases is estimated to be Rs 15,278.18 crore," he added.

An amount of Rs 9,959.29 crore of has been recovered between April 2018 and December 2018, he said.

In the financial year 2017-18, 6,815 cases of central excise, and were detected involving an amount of Rs 32,204.49 crore.
 

In fiscal 2016-17, 10,212 cases of central and service tax evasion were detected involving an amount of Rs 23,618.52 crore.

The recovery during 2016-17 and 2017-18 stood at Rs 6,107.88 crore and Rs 4,579.94 crore, respectively. Up to December this fiscal, recovery in evasion cases of GST, and service tax stood at Rs 13,907.83 crore.

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First Published: Tue, January 08 2019. 19:15 IST