GST: Decoding The Reasons Behind Evasion & Tinkering of Slabs
2023 • 20min • News • Business
Published On: August 1, 2023 - GST collections have been consistently breaching the Rs 1.60 lakh crore mark. But there are still many challenges which the tax regime has to take care of. GST authorities detected evasion worth Rs 1.32 lakh crore in 15,562 cases in the 2022-23 financial year, an increase of 44 per cent over the previous financial year. GST frauds are reportedly proliferating across the country and MSMEs are facing problems due to a web of regulations. Watch this segment to know how the authorities can fix the issues and how complex is the road ahead.