Tax Frauds Worth Over Rs 45,000 Crore Detected Since GST Roll Out: MoS Finance Anurag Thakur

The tax authorities have detected a total of 9,385 cases of tax fraud involving amount of Rs 45,682.83 crore under the Goods and Services Tax (GST) regime since it was rolled out from 1 July 2017, reports Indian Express.

According to the report, out of the 9,385 cases, 1,593 tax fraud cases worth Rs 6,520.40 crore have been detected in April-June 2019, the first three months of this financial year.

Replying to a query in Parliament on tax frauds detected after GST rollout, Minister of State for Finance Anurag Thakur said that 424 cases involving Rs 1,216 crore were detected between July-March period of 2017-18. Another 7,368 cases involving Rs 37,946.41 crore were detected in 2018-19 and 1,593 cases of Rs 6,520.40 crore were detected in April-June of 2019-20.

Thakur said that the government has taken various steps to curtail these types of fraud.

“Field formation(s) of CBIC (Central Board of Indirect Taxes and Customs), are sensitized to keep check on these kinds of activities and take necessary action,” said the MoS Finance.

“A specialized Directorate within the Central Board of Indirect Taxes and Customs (CBIC) engaged in Data Analytics & Risk Management disseminates analytical reports and intelligence inputs to field formations of CBIC for the purpose of scrutiny, audit and enforcement, to check GST evasion in general and fraudulent credit availment in particular,” Thakur said in his reply.