Cartels set up 'briefcase companies', defraud GST of thousands of crores

On Tuesday, Shiv Pratap Shukla, minister of state for finance informed Parliament that 3,626 cases of tax evasion had been detected in just three quarters of FY19 under the goods and service tax (GST) regime. The total tax evaded in these cases works out to Rs 15,278 crore. Of this, Rs 9,959 crore has been recovered so far. This comes after recent data which shows that compliance under  GST&n…