Rs 1.08 trillion in taxes recovered from fraudsters
The Goods and Service Tax (GST) authorities have detected Rs 3.33 trillion in tax evasion during the last five years, of which Rs 1.08 trillion has been recovered, the finance ministry told Rajya Sabha on Tuesday.
During FY19 and FY23, 25,449 fake GST registrations have been detected, 2,154 fake GST registrations have been suspended, and 17,105 fake GST registrations have been cancelled, minister of State for Finance Pankaj Chaudhary told BJP MP Sushil Modi.
The highest number of fake GST registration detected in the last five years was in Delhi (5,810), followed by Tamil Nadu (2,654), Gujarat (2,364), Punjab (2,214), and then Maharashtra (2,163).
The highest number of fake GST registration suspended in the last five years was in Delhi (1,236), followed by Gujarat (378), Maharashtra (178), Tamil Nadu (107), and Kerala (77).
The highest number of fake GST registrations cancelled in the last five years was in Delhi (5,769), Gujarat (2,289), Punjab (2,002), Maharashtra (1,971) and Uttar Pradesh (906).
The highest sum of GST evasion in terms of value was detected in Maharashtra (Rs 62,053 crore), Karnataka (Rs 40,762 crore), West Bengal (Rs 31,142 crore), Gujarat (Rs 27,822 crore) and Delhi (Rs 24,343 crore).
The highest sum of recovery in the last five years was in Maharashtra (Rs 27,182 crore), Karnataka (Rs 9,682 crore), Rajasthan (Rs 9,317 crore), Gujarat (8,448 crore), and Delhi (Rs 7,082 crore).
During a special drive from May 16 to July 9, 2023, 25,060 suspected fake registrations have been identified. Of this, 9,369 fake registrations have been found and 5,775 fake registrations have been suspended, and 3,308 fake registrations have been cancelled. During the special drive, tax evasion of Rs 10,902 crore was detected and Rs 45 crore has been realised. The Input Tax Credit (ITC) amounting to Rs 470 crores has been blocked during this period.
Source: financialexpress.com
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