GST Evasion: Government expecting ₹50,000 crore mop-up on recovery of dues, multiple notices sent

The Indian government is expected to recover  ₹50,000 crore in evaded Goods and Services Tax (GST) in FY24, Business Standard reported. This amount is over double that of what was recovered in FY23 and is likely to potentially be the highest annual tax collection, it added.  In FY24, GST officials have so far identified evasions amounting to  ₹1.36 lakh crore; and have already…