NEW DELHI: On the basis of investigation conducted so far it emerges that the amount of tax involved in 3626 cases of GST evasion/violations is estimated to be Rs. 15278.18 crore during April-December, 2018, said Shiv Pratap Shukla, Minister of State for Finance.
In a written reply to Rajya Sabha, he said “An amount of Rs. 9959.29 crore has been recovered out of total detection amount in the present financial year ending December, 2018.”
The investigation in 3626 cases of GST evasion/violations has been initiated in the present financial year by CGST (Central GST) formations for the year up to December, 2018, he added.
GST, central excise and service tax evasion detected during the April-December period of the current financial year stood at Rs 48,555 crore, according to data revealed by Ministry of Finance.
During the period, 8,917 cases of evasion of central excise, service tax and GST were detected involving an amount of Rs 48,555.06 crore, Minister informed the house.
Besides, he said that a dedicated fraud analytics system namely Directorate General of Analytics & Risk Management (DGARM) has been created by the Central Board of Indirect Taxes and Customs (CBIC) that utilizes internal and external data sources for data mining and analysis to generate outputs for focused and targeted action by field formations and investigation wings of CBIC, said Shukla.
It has shared various reports regarding stop filers, GSTR 3B vs. GSTR1 difference etc. with field formations which has resulted in total detection of Rs. 677.68 crore and realization of Rs. 43.06 crore till November, 2018, he informed the house.
Source- Knn India.