Rs 50cr GST evasion unearthed in Nagpur zone

The Central GST department has detected tax evasion to the tune of nearly Rs50 crore in Nagpur zone on the basis of tip offs and its own analysis of data. At present there is no system enabled matching of data in the GST network. This has led to evasion by jacking up claims of input tax credit (ITC) by businesses. The tax sleuths are now depending on the old system of network of informers and anal…