An ordinary bicycle, priced at Rs 2,500 a unit, is being invoiced at Rs 900 a bicycle by some illegal dealers, leading to the evasion of the GST. Twelve per cent GST is charged on a bicycle. “By under-invoicing, some illegal dealers are evading GST of Rs 192 on one unit of bicycle as against payable tax of Rs 300 (GST on Rs 2,500),”
Source: A2ZTaxCorp
