GST evasion worth Rs 20,000 crore detected.

Increasing GST evasion among businesses has become a matter of concern for the taxmen as they have detected tax evasion worth Rs 20,000 crore this fiscal. "GST evasion is a matter of concern. Between April 2018 and February 2019, GST evasion worth Rs 20,000 crore has been detected," said John Joseph, member, investigation customs Central Board of Indirect Taxes and Customs. He was speaking in an event organized by Assocham. The department claimed that out of the Rs 20,000 crore tax evasion detected so far, the department had recovered Rs 10,000 crore and was in the process of tracking more evasions. He said the tax officers on Tuesday detected fake invoices worth Rs 1,500 crore which were used to claim illegal GST credit of Rs 75 crore.

GST...