Revolutionary Raja Ram for Tax & Economic Reforms
over 1 year ago
In the last Apr-May months cases of GST evasion were detected across all states and union territories in India. ➡️The most common types of GST evasion detected were: 🔺False invoicing 🔺Non-registration of businesses 🔺Under-reporting of sales 🔺Non-payment of taxes
➡️The authorities have been using a variety of methods to detect GST evasion, including: 🔺Data analytics 🔺Artificial intelligence 🔺Cross-border cooperation 🔺Field inspections
➡️The government has taken a number of steps to crack down on GST evasion, including: 🔺Increasing penalties for evasion 🔺Making it easier for businesses to register for GST 🔺Improving the efficiency of the GST system
➡️The government's efforts to crack down on GST evasion have been successful in recovering a significant amount of revenue. However, there is still more work to be done to ensure that all businesses are paying their fair share of taxes.
Here are some additional details: 🔺The 28 arrests that were made were for individuals who were involved in large-scale GST evasion schemes.
🔺The authorities are also carrying out a special drive to weed out fake registrations. This is because fake registrations are often used by businesses to evade taxes.
🔺The government is committed to ensuring that the GST system is fair and that all businesses are paying their fair share of taxes.
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