Rs 6-cr GST evasion in 5 months of FY18

    The government has unearthed goods and services tax (GST) evasion to the tune of Rs 5.70 crore in 16 cases in just five months of the ongoing financial year. GST was introduced on July 1, 2017. It subsumed over a dozen central as well as local taxes, including excise and service tax, taking the country to one-nation, one-tax regime. As per the inputs provided by the finance ministry, the government has detected GST evasion to the tune of Rs 5.70 crore in 16 cases during July-November 2017-18, Minister of State for Corporate Affairs P P Chaudhary said in a written reply to Rajya Sabha. Read More...

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