In the first two months of the current financial year, 2,784 cases of GST theft of Rs 14,302 crore were caught, while a tax recovery of Rs 5,716 crore was made during this period.
FY 2020-21 GST detection cases have increased by 23.5 per cent between 2022-23, Whereas in the case of GST theft detection, there has been a huge increase of 166 per cent in the same period. According to Finance Ministry data, 12,596 cases of GST theft were caught in 2020-21, while cases increased by 23.5 per cent to 15,562 in 2022-23. Also, GST theft of Rs 49,384 crore was detected in 2020-21, which increased 166 per cent to Rs 1,31,613 crore in 2022-23.
Finance Minister Nirmala Sitaraman gave information
In the first two months of the current financial year, 2,784 cases of GST theft of Rs 14,302 crore were caught, while a tax recovery of Rs 5,716 crore was made during this period. The government informed the Lok Sabha on Monday. Finance Minister Nirmala Sitaraman in the written reply to a question in the Lok Sabha on the goods and services tax ( GST ) and details of income tax evasion and detection of smuggling cases by the customs department gave. According to the data, GST tax evasion of Rs 2.68 lakh crore was detected in 43,516 cases between 2020-21 to 2023-24 ( April-May ). During this period, recovery of Rs 76,333 crore was done, while 1,020 people were arrested. According to the survey, search and seizure data taken by the Income Tax Department in the last five years, 3,946 groups were raided and confiscated property worth Rs 6,662 crore.
Government strictly increased
The government has started making technical progress help to detect GST theft cases. Official sources said it is now using strong data analytics and artificial intelligence to identify and monitor risky taxpayers and detect tax evasion Used to be. The government also launched a special all-Indian campaign to eliminate fake or fake registrations from 16 May to 15 July. It also amended the central GST rules to provide biometric-based basis authentication for registration applicants that appear to be risky based on data. Input tax credit ITC was also banned on invoices and debit notes submitted by the supplier in the statement of external supply, While data sharing with partner law enforcement agencies was also facilitated for more targeted interventions.
