Online Gaming & Casino tops GST evasion cases, DGGI data shows
Online Gaming & Casinos emerged at the top in terms of detection of GST evasion during Fiscal Year 2023-24, annual data compiled by the Directorate General of GST Intelligence (DGGI) showed. This sector alone accounted for more than 40 per cent of the amount involved in GST evasion detection
DGGI detected over 6,074 cases involving evasion of duty of over Rs. 2.01 lakh crore. “It is approximately 10 per cent of total GST collection in the current FY with a voluntary payment of Rs. 26,598 crore which has contributed about 1.4 per cent of total GST Collections for FY 2023-24. Further 147 masterminds and other offenders involved in GST evasion were arrested,” a note prepared by DGGI, as seen by businessine, revealed.
Among the sectors, a considerable amount of tax evasion has been detected in major sectors like Online Gaming & Casino (Rs. 83,588 crore), Co-insurance/ Re-insurance (Rs. 16,305 crore), and Secondment (Rs. 1,064 crore), the note said. “DGGI also initiated investigation in respect of offshore online gaming entities wherein entities that do not comply with GST law are being identified and scrutinized for necessary action as per law,” the note added.
