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GST officers detect over 29,000 bogus firms involved in fake ITC caims of Rs 44,000 cr

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GST officers detect over 29,000 bogus firms involved in fake ITC caims of Rs 44,000 cr

The 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 the October-December quarter, 4,153 bogus firms that involved suspected ITC … Read more