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reward for tax evasion reporting, win big prizes at home! Seize property of tax evaders, report ‘here’ – reward for tax evasion reporting dggi promises monetary prize to informers aiding in tax recovery MEERI News

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Meeri News

New Delhi : The government has come up with a way to bust tax evasion, which can benefit you to the tune of crores of rupees. If you inform the government about any tax evader, the government will reward you. Now you might be thinking that doing this will also reveal the name of the informant. So don’t panic, the department has promised to keep the name of the black money informer confidential.

The Directorate General of Goods and Services Tax (GST) Intelligence (DGGI) has now announced to pay 20 percent of the tax evaded to individuals caught evading indirect tax. The agency said the name of the tax evader will also be kept secret. Directorate General of GST Intelligence is the apex body for investigating cases related to violations of Goods and Services Tax, Central Excise and Service Tax. DGGI, in a message posted on its website, said that paying taxes is a social responsibility towards the nation. Taxes are the main source of revenue for the government and tax evasion hampers nation building.

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How to give information
In its message, DGGI wrote, “We appeal to all citizens to join hands with us to stop evasion of indirect taxes like Central Excise, Service Tax and GEC. You can report tax evasion to us by letter, phone, e-mail and website or in person. We promise we will take action.”

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The information related to persons reporting tax evasion will be kept confidential and they will be given a fair share of tax recovery, said a message issued in the name of Director General of the Investigation Agency Surjit Bhujbal. Bhujbal took charge as Director General of GST Intelligence early last month.

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Provision of reward
Rewards are given to informers and government employees for providing information as per the guidelines issued under the Central GST Act, Customs Act, Central Excise Act and Narcotic Drugs and Psychotropic Substances (NDPS) Act. If a person provides information about persons and their property from whom dues, taxes, fines and penalties are to be recovered and the information leads to the recovery of the dues, a certain percentage is given as a reward to the informer.

How much will be the prize?
Informers and government servants are eligible for a reward of up to 20% of the net sale amount of the seized goods or 20% of the amount of service tax levy/delinquency as well as 20% of the amount imposed and recovered.

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