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Tag: fraudulent ITC claim

GST in Media

Recovery of fraudulent GST input credit rises to 12% in FY24: Sources

byAdmin09/04/202409/04/2024

The recovery rate in Goods and Services Tax (GST) cases pertaining to input tax credit (ITC) fraud has gone up significantly in FY24, with the Directorate General of GST Intelligence (DGGI) recovering more than 12 percent of the dues against 2-3 percent in the previous years

Press Release

Meerut CGST Commissionerate busts syndicate that fraudulently claimed Input Tax Credit

byAdmin08/03/202408/03/2024

The Anti-Evasion branch of Central Goods and Services Tax (CGST) Commissionerate, Meerut, started an investigation in October 2023 into a…

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