I-T Dept detects frauds worth Rs 37,946 cr in 2018-19 fiscal

New Delhi, July 16 

Tax officials detected Rs 37,946 crore worth of tax fraud in 2018-19 and Rs 6,520 crore in the April-June period of the current financial year after the GST implementation, the Finance Ministry told Parliament today.

Besides, cases of tax credit availment by issue of fake invoices were to the tune of Rs 11,251 crore in 2018-19 and Rs 2,805 crore in April-June of the current fiscal, Minister of State for Finance Anurag Thakur said in a written reply to the Rajya Sabha.

Just five cases of tax credit availment by fake invoicing were detected by Central GST formations in the first year of the GST implementation involving an amount of Rs 12.67 crore. As many as two persons were arrested.

In 2018-19, 1,620 cases of fake invoicing were detected involving Rs 11,251.23 crore, and 154 persons were arrested. Between April-June of 2019-20, 666 cases of fake invoicing were detected and the amount involved stood at Rs 2,804.98 crore. — PTI

Rs 6,520 crore evaded in April-June FY20 

• In the current fiscal, tax frauds worth Rs 6,520 crore have been unearthed in the April-June period
• Besides, cases of tax credit availment by issue of fake invoices were to the tune of Rs 11,251 crore in 2018-19 and Rs 2,805 crore in April-June period of the current fiscal

.