GST evasion Archives

As many as 91 fraudsters have been apprehended in connection with these cases

Finance

DGGI detects fake input tax claims worth Rs.14,000 crore in FY23-24

PGurus Newsdesk - October 19, 2023 0

In 2023-24, Rs.1.36 lakh crore has been detected as overall GST evasion The Directorate General of GST Intelligence (DGGI) has detected a total of 1,040...

In 2020-21, as many as 12,596 cases of GST evasion were detected, while in 2022-23, the cases rose by 23.5 percent to 15,562

Finance

GST evasion cases surge 23.5% in 2 years; 166% rise in...

PGurus Newsdesk - July 31, 2023 0

In 2022-23, Rs.33,226 cr were recovered in terms of GST evaded from 15,562 cases detected As per Finance Ministry data, there has been a rise...

Officials said further investigation revealed that other insurance companies and NBFCs also exploited a similar route to avail of ineligible ITC

Law and Order

Massive GST evasion worth Rs.824 cr unearthed, ICICI Prudential among 15...

PGurus Newsdesk - September 30, 2022 0

GST Intelligence uncovers tax evasion by 15 firms insurance companies, NBFCs 15 insurance companies including ICICI Prudential as well as several non-banking financial companies (NBFCs)...