Team Blitz India
NEW DELHI: As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over Rs 1.12 lakh crore during financial years 2022-23 and 2023-24, the Finance Ministry said.
The total Goods and Services Tax (GST) evasion detected by central GST officers in the current fiscal (till October, 2023) was Rs 1.51 lakh crore, while 154 persons have been arrested. A recovery of Rs 18,541 crore was made so far this fiscal.
Giving details of detection of GST evasion, Minister of State for Finance Pankaj Chaudhary said in 2022-23 fiscal, evasion to the tune of over Rs 1.31 lakh crore was detected and 190 persons were arrested. A total of Rs 33,226 crore was recovered during the fiscal.
In 2021-22, 2020-21 and 2019-20, GST evasion stood at Rs 73,238 crore, Rs 49,384 crore and Rs 40,853 crore, respectively.
