Searched for
ITC FRAUD
DGGI arrests two in Rs 177 crore GST fraud, linked to fake firmsThe Directorate General of Goods and Services Tax Intelligence has apprehended two individuals in Hyderabad. They are linked to a substanti...26 Mar, 2026, 11.34 AM IST- DGGI uncovers ₹593-crore fake invoice racket; mastermind held in BengaluruOfficials have uncovered a massive Rs 593 crore fake invoice scam. The Directorate General of GST Intelligence arrested the alleged masterm...27 Feb, 2026, 08.29 PM IST
- Govt says 55,813 cases of GST evasion worth Rs 1.6 lakh cr detected in last 3 years 7 monthsOver 55,000 GST evasion cases totaling Rs 1.6 lakh crore were detected in the last three years and seven months, involving fake invoicing a...09 Dec, 2025, 08.24 PM IST
- GST 'fraud': MNCs gained from fake ITC worth crores, says EDThe Enforcement Directorate is investigating a multi-crore fake Input Tax Credit fraud. Raids were conducted across multiple states includi...13 Sep, 2025, 03.54 PM IST
- GST evasion of Rs 7.08 lakh cr detected in 5 years, includes ITC fraud of Rs 1.79 lakh crCentral GST officers detected significant tax evasion, totaling approximately Rs 7.08 lakh crore over the past five fiscal years, with Rs 1...04 Aug, 2025, 02.00 PM IST
- GST officers detect Rs 15,851 cr fraudulent ITC claims in April-June, total 3,558 fake firms uncoveredGST officers uncovered a significant surge in fake input tax credit (ITC) claims, reaching Rs 15,851 crore in the first quarter of FY26, a ...20 Jul, 2025, 11.01 AM IST
- State finance ministers' panel discusses ways to curb ITC frauds, sector-specific tax evasionA panel of state finance ministers convened to address the escalating issue of tax evasion, particularly concerning Input Tax Credit (ITC) ...04 Jul, 2025, 10.16 PM IST
- GST officers detect Rs 35,132 cr ITC evasion by over 17,000 fake firmsGST authorities uncovered INR 35,132 crore in input tax credit (ITC) fraud by 17,818 fictitious firms between April and October. Sixty-nine...09 Dec, 2024, 06.32 PM IST
- Rs 15,000 crore GST fraud: How a businessman cheated via 3,300 shell companies, 35 fake firms and electricity billsDelhi-based businessman Tushar Gupta has been arrested in connection with a Rs 15,000 crore GST fraud exposed last year. Gupta was part of ...11 Apr, 2024, 04.07 PM IST
- Karnataka officials bust fake ITC claim racket involving 100 firms with Rs 1,008 cr in turnoverThe commercial taxes department in Karnataka, India, has arrested four individuals connected to a scrap goods racket that engaged in fictit...29 Feb, 2024, 04.25 PM IST
- GST evasion of Rs 55,575 crore detected in last 2 years, 719 persons arrestedThe GST department is taking steps to curb evasion, including verification of registration, e-way bill requirement, and validation for fili...10 Nov, 2022, 11.16 AM IST
- GST officers unearth Rs 34 cr ITC fraudThe seven firms were created to generate bogus GST invoices, with an intent to pass on fraudulent ITC without actual movement of goods and ...14 Nov, 2021, 04.22 PM IST
- GST officers detect Rs 4,000 crore of ITC fraud in April-JuneIn a written reply to a question in the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said 7,268 cases of ITC fraud involving R...10 Aug, 2021, 10.03 AM IST
- GST officers unearth over Rs 35,000 crore fraud in 2020-21, arrest 426 peopleDuring 2020-21 (April 2020 to March 2021), 426 persons, including 14 professionals such as CAs, lawyers and directors, were arrested.15 Jul, 2021, 09.54 AM IST
- GST fraud of Rs 20,124 crore detected during November 9-January 31: Nirmala SitharamanGiving details of detection/recovery from November 9, 2020 (Date of initiation of special drive) to January 31, the minister said 2,692 cas...09 Mar, 2021, 06.03 PM IST
- Amount of fraud in GST needs cautious approach: OfficialDeputy commissioner, north, CGST Naveen Rana said in a CII organised webinar that there are many reasons for blocking ITC by the department...06 Nov, 2020, 05.54 PM IST
- Data analytics to curb fake input tax credit claimsRevenue secretary Ajay Bhushan Pandey is reviewing the matter of fraud input tax credit (ITC) claims on a weekly basis, a government offici...13 Jan, 2020, 11.28 PM IST
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