CA among 12 held in single day over GST evasion | India News – Times of India


NEW DELHI: The government is expecting robust collections in February, despite few days this month, banking on better compliance following a spate of arrests to check evasion. Revenue department sources said that in a single day 12 more arrests have taken place, including a chartered accountant, taking the number of arrests since mid-November to 329.
Of those arrested, at least four persons have been booked under Conservation of Foreign Exchange and Prevention of Smuggling Activities Act (COFEPOSA). In the current drive so far, GST intelligence and CGST authorities have booked more than 3,200 cases against 9,600 “fake entities” which had got GST identification numbers. Over Rs 1,000 crore has been recovered from the alleged fraudsters, a source said.
Top officials in the department believe that the drive against fake invoice and bogus entities is a key reason behind record collections during December and January with returns filed also touching a high of 90 lakh. Sources expect a similar higher collection trend to continue in the month of February 2021 as well.



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