DGGI uncovers 1,700 fraudulent ITC cases worth Rs 18,000 cr in FY 2023-24

The Directorate General of GST Intelligence (DGGI) has unveiled 1,700 fake Input Tax Credit (ITC) cases involving a sum of Rs 18,000 crore in the current financial year up to December 2023. Moreover, the agency has made 98 arrests in connection with these fraudulent activities across the country, according to the Ministry of Finance. […]