Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARD :: cpt :: due date for vat payment :: ACCOUNTING STANDARDS :: VAT RATES :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: empanelment :: articles on VAT and GST in India :: VAT Audit :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company
 
 
Service Tax »
 GST tax structure ready; how will it impact economy and various sectors
 Service tax department doles out advice on migration to GST
 IT infrastructure firm of GST under scrutiny for tax evasion
 GST council OKs draft law on relief to states
 GST Network gets notice for avoiding service tax
 GSTN contract may attract tax
 GST Council may discuss tax rate on gold at Udaipur meet
 Govt may rework indirect tax estimates mid-way after GST
 GST Council meeting: States allowed to tweak taxpayer division after consulting Centre
 Government may rework indirect tax maths mid-way after GST entry
 Govt may rework indirect tax mid-way after GST entry

About 8k Cr Service Tax Evasion Detected During 2013-14
April, 16th 2014

With increased focus on revenue generation from service tax, officials have detected several cases of tax evasion amounting to about Rs 8,000 crore during 2013-14 fiscal which ended last month.

Finance Ministry officials said service tax was being evaded by a number of small and big service providers across the country through non-filing of mandatory returns, wrongful declaration of amounts collected by them and other means.

The Directorate General of Central Excise Intelligence (DGCEI) had registered 1,144 cases of service tax evasion during 2013-14. The amount involving the cases of service tax evasion was 7,928.22 crore during the period, they said.

The service tax detection amount of about 8,000 crore does not include cases registered at various service tax and excise commissionerates and other allied offices across the country, the officials said.

"Service tax has been an focus area for the government. A number of service tax evasion cases has been registered across the country during the last fiscal," a Finance Ministry official said.

The DGCEI had detected 841 service tax evasion cases involving government's revenue of Rs 4,693 crore in 2012-13. The Directorate had realised Rs 880 crore from these cases, they said.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions