GST Alert Circular No. 59/2025-26: Comprehensive Analysis of Fraudulent Input Tax Credit Scheme Through Non-Existent Entity

, Last updated: 12 September 2025 Share Follow on Google News

Executive Summary The CGST Delhi North Commissionerate issued Alert Circular No. 59/2025-26 (Ref: GEXCOM/SoR/22292/2025-CGST-RANGE-8-DIV-OLDDEL-COMMRTE-DELHI(N), dated September 2025), exposing a large-scale fraudulent Input Tax Credit (ITC) racket. The fraud centered on M/s Ajay Trading Co. (GSTIN

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GST Alert Circular No. 59/2025-26: Comprehensive Analysis of Fraudulent Input Tax Credit Scheme Through Non-Existent Entity

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