GST EVASION: REPORTING OF MAJOR CASES

GST evasion is a major concern for the government as it leads to revenue loss.

Reporting of major cases of GST evasion is crucial to curb the problem.

The government has set up a specialized wing to investigate cases of GST evasion.

The wing has been given the power to arrest and prosecute offenders.

The government has also introduced a system of e-way bills to track the movement of goods and prevent evasion.

Businesses are required to file monthly GST returns and failure to do so can result in penalties.

The government has also launched a campaign to create awareness about GST and its benefits.