Quick Summary
The Directorate General of GST Intelligence (DGGI) and Directorate of Revenue Intelligence (DRI) have detected alleged Integrated GST evasion to the tune of ₹11,000 crore by 24 large importers. So far evasion detected is about ₹11,000 crore in about 24 cases and we have sent notices to seven entities in this regard, a senior official from one of the agencies said. These notices to importers from Mumbai, Kolkata and Chennai jurisdictions were sent out over the last 20 days. The agencies
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FAQ :
The detected GST evasion amounts to approximately £11,000 crore.
There are 24 major importers allegedly involved in the GST evasion.
The companies are largely from the steel, pharmaceuticals, gems and jewellery, and textiles sectors.
The Directorate General of GST Intelligence (DGGI) and Directorate of Revenue Intelligence (DRI) are investigating the evasion.
The evasion was detected based on data generated by the Advanced Analytics in Indirect Taxation (ADVIT) system, which uses advanced data science models.
The government is strengthening ADVIT to capture more importer/exporter information and is launching a two-month intensive drive to detect fake invoices, registrations, and input tax credit claims.
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