| Amount of Service Tax Evasion by Non-Banking Financial Institutions in India (2004-2005 to 2006-2007) | ||
| Company | Amount of Evasion of Service Tax (Rs. in Lakh) | Action Taken to Recover Revenue |
| 2004-05 | ||
| Awas Financial Services, Navi Mumbai. | ||
| ST Evasion by Various Mutual Fund Distributors | ||
| 2005-06 | ||
| Madhya Pradesh Financial Corporation, Indore | ||
| Small Industries Development Bank | ||
| The Clearing Corporation of India | ||
| National Securities Clearing Corporation Ltd., Mumbai | ||
| Bank of India Shareholding Ltd., Mumbai | ||
| Birla Sunlife Distribution | ||
| IL and FS | ||
| Various Merchant Bankers | ||
| SBI Fund Management | ||
| SBI Mutual Fund | ||
| J.M Morgan Stanley Finance Services | ||
| Crystal info Financial Services Ltd., Pune and M/s Crystal Financial Services Ltd., Pune, M/s Credentials, Pune | ||
| SIDBI, Kanpur | ||
| Rajasthan Finance Corporation, Jaipur | ||
| Muthoot Finance Pvt. Ltd, Delhi | ||
| U.P Financial Corporation, Kanpur | ||
| H.P Financial Corporation, Shimla | ||
| Delhi Finance Corporation, Delhi | ||
| 2006-07 | ||
| Weizman Capital Ltd. | ||
| HDFC CHUPP General Insurance Ltd. | ||
| Centrum Capital Ltd., Fort, Mumbai (Meen, Supt) | ||
| Anand Rathi Securities Pvt. Ltd. | ||
| ASK Raymond James | ||
| Keynote Corporation | ||
| India Bulls Securities Ltd., Gurgaon | ||
