GST evasion of Rs 1.88 trn detected by CGST officers during April-Dec 2024

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GST evasion of Rs 1.88 trn detected by CGST officers during April-Dec 2024 - Business Standard

Quick Summary:

Minister of State for Finance Pankaj Chaudhary said GST evasion, including ITC fraud cases, in 72,393 cases between April and December stood at Rs 1.88 lakh crore.132 arrests were made and recovery of Rs 20,128 crore was made during the period.

In the 2023-24 fiscal, CGST officials detected GST evasion of Rs 2.30 lakh crore in 20,582 cases.

GST evasion of over Rs 1.88 lakh crore was detected by Central GST officers during April-December 2024, the Lok Sabha was informed on Monday.