https://www.taxtmi.com/news?id=27254 The Directorate General of GST Intelligence uncovered widespread fake Input Tax Credit (ITC) fraud by networks that created and operated shell firms, misused KYC documents, and used one person companies to pass ineligible ITC. Investigations relied on e way bill analytics and IP address tracing to detect linked firms, leading to searches, seizures of electronic and documentary evidence, recorded admissions, and arrests of operators who facilitated fake firms and digital signature forgeries. en-us Mon, 05 Feb 2024 09:34:20 +0530 Mon, 05 Feb 2024 09:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27254 The Directorate General of GST Intelligence uncovered widespread fake Input Tax Credit (ITC) fraud by networks that created and operated shell firms, misused KYC documents, and used one person companies to pass ineligible ITC. Investigations relied on e way bill analytics and IP address tracing to detect linked firms, leading to searches, seizures of electronic and documentary evidence, recorded admissions, and arrests of operators who facilitated fake firms and digital signature forgeries. News - Mon, 05 Feb 2024 09:34:20 +0530 https://www.taxtmi.com/news?id=27254