Rs 2,000 cr GST evasion unearthed in 2 months
The GST investigation wing has detected tax evasion of over Rs 2,000 crore in two months, and data analysis reveals that only 1 per cent of over 1.11 crore registered businesses pay 80 per cent of the taxes, a senior official said today. CBIC member John Joseph said alike small businesses who are making mistakes while filing GST returns, multinationals and big corporates too have slip-ups. “If you look at the way tax revenues are paid, it gives an alarming picture. We have registration of more than 1 crore businesses. “But…
Read More
