GST evasion of â¹2,000 crore detected in two months
The Goods and Services Tax investigation wing has detected tax evasion of â¹2,000 crore in two months, a senior official has said. The official said that entities are claiming input tax credit based on fake invoices for goods which have not been supplied. Further, data revealed that only 1% of the 1.11 crore registered businesses pay 80% of the taxes.