Gst Evasion

FM’s GST tips need quick and focused execution

Indirect tax evasion touched a record high in FY25, underlining the faults in the collection system

GST evasion of Rs 1.88 lakh cr detected by CGST officers during April-December 2024

Minister of State for Finance Pankaj Chaudhary said GST evasion, including ITC fraud cases, in 72,393 cases between April and December stood at Rs 1.88 lakh crore. 132 arrests were made and recovery of Rs 20,128 crore was made during the period

GST authorities search PB Fintech’s Gurgaon office over evasion allegations

PB Fintech, owns and operates Policybazaar, which offers an array of insurance products and advisory services.

CBIC's second drive against fake input tax credit unearths Rs 26,543-cr GST evasion: Sources

The findings of the second drive will likely be presented to the GST Council, which is expected to deliberate on measures to firm up GST compliance

GST evasion doubles to Rs 2.01 lakh crore in FY24, this city tops the list

Overall, the total GST evasion detected by DGGI officers and the Central GST zones for FY24 reached over Rs 2.37 lakh crore across 20,576 cases, including Rs 2.01 lakh crore by DGGI and Rs 35,377 crore by CGST zones.

Infosys may approach High Court in GST evasion case as rules favour firm, experts say

If DGGI proceeds with the issuance of a showcause notice, Infosys is likely to bypass the usual adjudication process and directly approach the High Court by filing a writ petition under Article 226.

Tax row: Nasscom seeks clarity from FinMin after GST demand notice to Infosys, other IT companies

Nasscom said that the issue is not a new problem and courts have been ruling in favour of the IT industry in such cases.

Rising GST evasion a pointer to persisting glitches

Possible higher recovery of evaded GST in FY23-24 is not a comfort but a concern

Dream11 parent moves Bombay HC challenging GST evasion notice

The Central Board of Indirect Taxes and Customs is likely to send showcause notices to more than 40 skill-gaming companies for alleged tax evasion.

GST drive busts 20,800 fake entities, crackdown to continue: Govt official

To check the creation of fake entities, the government is tightening the GST registration process by using biometrics.

Bajaj Allianz, Sun Life, HDFC Life, and others found to evade Rs 2,350 crore GST

The 15 companies under the scanner include both life and general insurance to whom show cause notices are being served.

Bogus invoices bare the gap in the GST structure

GST Council meeting on July 11 must unveil additional measures to tighten the noose on fake registration and fraudulent generation of input tax credit