New Delhi, Aug. 4 -- India's indirect tax administration has detected Rs.7 trillion worth of goods and services tax (GST) evasion in 91,000 cases in five years through March 2025.
Of this, taxpayers have deposited Rs.1.29 trillion voluntarily, minister of state for finance Pankaj Chaudhary informed Lok Sabha on Monday in a written reply. The extent of tax evasion detected has steadily risen from over Rs.49,300 crore in FY21 to Rs.2.23 trillion in FY25, the minister said.
Of the total tax evasion detected, Rs.1.78 trillion is related to fake input tax credits. Of this, about 7% has been voluntarily deposited by the taxpayers.
To be sure, part of the disputed tax amounts get dropped in appellate proceedings, while some of the demands are...
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