• Thu. May 23rd, 2024

Over 29,000 fake GST claims found

Byusanewscart.com

Jan 7, 2024
Over 29,000 fake GST claims found

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NEW DELHI: Government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit (ITC) claims of Rs 44,015 crore in eight months till December 2023 during a drive against fake registration, which helped save revenue of Rs 4,646 crore.
In October-December 4,153 bogus firms that involved suspected ITC evasion of around Rs 12,036 crore were detected. As many as 2,358 of these bogus firms were detected by the Central GST Authorities.
Maharashtra topped the list with 926 bogus firms detected, followed by Rajasthan (507), Delhi (483) and Haryana (424). Detection during December quarter protected revenue of Rs 1,317 crore.



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