Evasion of around Rs. 2000 crores detected under the Goods and Services Tax ( GST ) regime by the indirect tax department till now, said John Joseph, Member, Central Board of Indirect Taxes and Customs (CBIC).
Goods and Services Tax (GST) law has completed a year on this 1st July.
Suspected instances of undeserved Input Tax Credit ( ITC ) claims scores of such claims made in the summary returns GSTR-3B have been detected and investigations into these are going o and the continuing (though narrowing) gap between the registered eligible taxpayers and those who file the returns also indicate incidence of evasion at a much larger scale.
Joseph, also holds the position of the Director General of the GST investigation wing, said that the evasion cases cited by him included use of fake invoice bills to claim ITC and cases where businesses deducted tax from consumers but failed to deposit the same with the government.
Another CBIC Member Mahender Singh termed e-way bill system a silent revolution. The expenditure incurred by truck drivers on a daily basis had gone down drastically under GST as they were not forced to bribe officials at the interstate check posts, he said.
Earlier a truck driver would need Rs 15,000 as expenses for week-long trip but in the GST regime Rs 4,000 is sufficient as the system of bribes has been curbed, he said.
Under GST rules, ferrying goods worth more than Rs 50,000 within or outside a state will require securing an electronic-way or e-way bill through prior online registration of the consignment.
