Govt says 55,813 cases of GST evasion worth Rs 1.6 lakh cr detected in last 3 years 7 months - The Economic Times

As many as 55,813 cases of Goods and Services Tax (GST) evasion worth Rs 1,60,950 crore have been detected during last 3 years and seven months, Parliament was informed on Tuesday. Cases of GST evasion (ITC frauds) have been detected where bogus or dummy entities were found to be used as fronts for fake invoicing, Minister of State for Finance Pankaj Chaudhary said in a written reply in the Rajya…