GST evasion? Rampant under-reporting of online sales detected
The goods and services tax (GST) authorities have stumbled upon instances of online sales reported by several firms that sell goods on e-commerce portals like Amazon and Flipkart being much lower than such sales computed from the tax collected at source (TCS) data furnished by the marketplaces. Given that online sales are more traceable due to the organised nature of the marketplaces, ev…