Government detects Rs.13,620 crore tax evasion
New Delhi, April 10 (IANS) The tax authorities detected evasion of Rs.13,620 crore in excise and service taxes in the first 11 months of fiscal 2011-12, the finance ministry said Tuesday.
The Central Board of Excise and Customs detected a total central excise and service tax evasion amounting to Rs.3,333.28 crore and Rs.10,286.73 crore respectively up to February, 2012, the finance ministry said in a statement.
"Further, during the investigation, central excise duty and service tax amounting to Rs.972.69 crore and Rs.1,182.64 crore respectively has also been realised," it said.
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