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Over 17,000 fake firms, ₹35,132 crore ITC evasion found in Apr-Oct
short by Mansi Agarwal / on Monday, 9 December, 2024
GST officers detected cases of input tax credit (ITC) evasion of ₹35,132 crore by 17,818 fake firms between April and October, Minister of State for Finance Pankaj Chaudhary said. A total of 69 arrests were made in 18,876 ITC fraud cases during the period. The efforts resulted in savings of ₹6,484 crore, the minister stated.
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