Quick Summary
In the 2023-24 fiscal year, the Directorate General of GST Intelligence (DGGI) detected a staggering Rs 2.01 lakh crore in GST evasion across 6,084 cases, according to the agency's annual report. This marks a significant jump from Rs 1.01 lakh crore detected in 2022-23, highlighting an increasing trend in tax evasion post-GST rollout in 2017. Key sectors contributing to this surge include online gaming and the Banking, Financial Services, and Insurance (BFSI) sectors. The online gaming indust
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FAQ :
In FY24, the DGGI detected Rs 2.01 lakh crore in GST evasion across 6,084 cases.
GST evasion detected in FY24 more than doubled compared to FY23, when Rs 1.01 lakh crore was identified.
Key sectors included online gaming (Rs 81,875 crore), Banking, Financial Services, and Insurance (BFSI) (Rs 18,961 crore), and goods-related industries like iron, copper, scrap, and alloys (Rs 16,806 crore).
About 46% of evasion cases were due to non-payment of tax through clandestine supplies and undervaluation, while 20% related to fake Input Tax Credit (ITC), and 19% involved the wrong availment or non-reversal of ITC.
Combined, the DGGI and Central GST zones detected over Rs 2.37 lakh crore in GST evasion in FY24 across 20,576 cases.
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