<h1>CBIC and DGGI Crack Down on Fake ITC Fraud; Over 500 Cases Found, 24 Arrests Made Nationwide.</h1> The Central Board of Indirect Taxes and Customs (CBIC) and the Directorate General of GST Intelligence (DGGI) have intensified efforts against fake Input Tax Credit (ITC) fraud under the GST regime. In the 2020-21 fiscal year, about 8,000 cases involving fraudulent ITC worth over Rs. 35,000 crore were booked, leading to 426 arrests, including professionals like CAs and lawyers. A nationwide crackdown, initiated in November 2020, has resumed post-Covid-19 lockdowns, uncovering over 500 cases and arresting 24 individuals. Notable cases include fraudulent ITC claims involving fake firms and invoices, significantly impacting government revenue. The enforcement drive aims to enhance compliance and revenue collection.