In fight against fake ITC, DGGI detects more than 6,000 fake ITC cases involving more than Rs. 57,000 crore GST evasion with the arrest of 500 persons between April 2020 to September 2023 https://www.taxtmi.com/news?id=26921 The DGGI has focused on combating fake Input Tax Credit by detecting and investigating thousands of cases and dismantling organised syndicates using data analytics and technical tools; methods include misuse of third party KYC to create shell firms and procure fraudulent ITC claims, leading to arrests and voluntary payments to remedy detected GST evasion. en-us Thu, 19 Oct 2023 09:36:14 +0530 Thu, 19 Oct 2023 09:36:14 +0530 TaxTMI RSS Generator In fight against fake ITC, DGGI detects more than 6,000 fake ITC cases involving more than Rs. 57,000 crore GST evasion with the arrest of 500 persons between April 2020 to September 2023 https://www.taxtmi.com/news?id=26921 The DGGI has focused on combating fake Input Tax Credit by detecting and investigating thousands of cases and dismantling organised syndicates using data analytics and technical tools; methods include misuse of third party KYC to create shell firms and procure fraudulent ITC claims, leading to arrests and voluntary payments to remedy detected GST evasion. News - Thu, 19 Oct 2023 09:36:14 +0530 https://www.taxtmi.com/news?id=26921