'GST evasion taking place via black marketing, undervaluing imports'

Less than nine months into the GST regime, revenue authorities have detected rampant tax evasion through black market and under-valuing of imports. Big data analytics by the authorities has revealed that although importers are paying GST, they are supplying the goods without bill, sources said. Importers typically pay integrated goods and services tax or IGST on goods they bring into the country.…