Record ₹82K cr GST evasion detected in online gaming
Business Standard|September 16, 2024
The Directorate General of GST Intelligence (DGGI), the central investigation and anti-evasion arm under the finance ministry, has detected the highest-ever goods and services tax (GST) evasion by the online money gaming industry, amounting to ₹81,875 crore in FY24 across 78 cases.
HARSH KUMAR

In its latest annual report, the DGGI said it detected a record 6,084 cases of tax evasion in 2023-24, involving 2.01 trillion in GST, which is double the 1.01 trillion identified in FY23 across 4,872 cases.

According to the report, 46 per cent of the evasion cases were related to non-payment of taxes through clandestine supply and undervaluation, 20 per cent involved fraudulent Input Tax Credit (ITC) claims, and 19 per cent pertained to improper ITC claims or failure to reverse them.

After online money gaming, the BFSI sector ranked second, which saw 18,961 crore evaded across 171 cases. Other sectors included works contract services (343 cases, 2,846 crore) and pharmaceuticals (22 cases, ₹40 crore).

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