The mystery of Indian trade’s missing billions
Sumant Banerji 10 min read 06 Dec 2022, 10:59 PM IST
SummaryWe may not know exactly how big the racket is, but it is now big enough to start showing up as a mismatch in official trade data.
On a rainy August afternoon, in Mumbai, three officers from India’s Central Board of Indirect Taxes and Customs (CBIC) found themselves scurrying in the by-lanes of Dharavi, one of the world’s largest slums.
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