GST EVASION OF RS.509 CR IN MUMBAI, OVER RS 380 CR SEIZED

GST EVASION OF RS.509 CR IN MUMBAI, OVER RS 380 CR SEIZED

The Mumbai Central Goods and Service Tax (CGST) has detected tax evasion amounting to Rs 509 crore and have recovered Rs 381.57 crore from non-filers of tax since the implementation of CGST in the country.

Taking up an anti-tax evasion stand, the Mumbai CGST zone has so far identified over 47 thousand entities who are not paying any taxes since the CGST has been launched in the country. The number indicates that the amount of tax evasion in the Mumbai zone can go in thousands of crores. The Mumbai zone was the first in the country to make the arrest under the GST act and so far four persons have been arrested in cases of tax evasion.

The Mumbai CGST zone comprising 11 taxpayer commissionerates, including Mumbai, Thane, Navi Mumbai, Palghar, Raigarh, Bhiwandi and Belapur, among others.

The total revenue collection from July last year to February stood at Rs 72,509 crore which is over 10 percent of the overall collection of GST(including state and central) in the country that is Rs 7,11,819 crore.

"We have a strategic way to approach such no-filers to get the returns filed and have been able to yield substantial revenue," said Manpreet Arora, Additional Commissioner of CGST and Central Excise.

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