The Department of Trade and Taxes of Delhi has intensified its effort for identification of taxpayers who are misusing the Goods and Services Tax (GST) system and defrauding the Government of its legitimate taxes.
The modus operandi of the fraudulent taxpayers includes bogus invoice creation without movement of goods, fraudulent interstate sale to avoid tax scrutiny by the department etc, the government said in a statement.
The Delhi government in this regard has started utilising the Business Intelligence and Fraud Analytics (BIFA) which has been prepared by Goods and Services Tax Network (GSTN) and utilizes data analytics and artificial intelligence to identify fraudulent transactions.
In this regard, the department has conducted a special anti evasion drive on October 12 wherein 29 premises belonging to 22 commercial enterprises were surveyed for suspected tax evasion, it said, adding that for this purpose, 22 departmental teams were deployed each of whom were led by an Assistant Commissioner.
The government said that an amount of Rs.50.34 lakhs has been realised as Tax from the raids conducted on Monday. "The premises of non-existent dealers have been sealed and some incriminating documents have also been seized by the department which are being scrutinized. The department will continue to carry on such anti evasion dives to nab fraudulent taxpayers.