Tax evasion: Foreign service takers top

Domestic firms receiving services from overseas entities accounted for a quarter of the service tax evasion during 2008-09, according to a CAG report.

Domestic firms receiving services from overseas entities accounted for a quarter of the service tax evasion during 2008-09, according to a CAG report. Of the Rs 375.6 crore that CAG found as revenue loss, Rs 92.6 crore was due to tax not paid by recipients of foreign services.

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