Govt detects Rs 7.08 lakh cr. GST evasion in 5 years

 

The Centre has detected Goods and Services Tax (GST) evasion of about Rs 7.08 lakh crore in the last five years, including input tax credit fraud of Rs 1.79 lakh crore, Minister of State for Finance Mr Pankaj Chaudhary told the Lok Sabha. Of the total GST evasion between FY21 and FY25, Rs 1.29 lakh crore in tax has been voluntarily paid by taxpayers. The GST evasion, which was Rs 49,384 crore in FY21, rose to Rs 2.3 lakh crore in FY24 and stood at Rs 2.23 lakh crore in FY25.  The net Central GST collection compared to the Revised Estimates (RE) was 96.7% in 2024-25. Net CGST includes CGST, integrated GST and compensation cess. Actual collection stood at over Rs 10.26 lakh crore in FY25, as against RE of nearly Rs 10.62 lakh crore, as per a report.

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