CBIC Uncovers Rs 26,543 Crore GST Evasion in Nationwide Drive Against Fake ITC

Last updated: 20 December 2024


In a sweeping crackdown on GST evasion, the Central Board of Indirect Taxes and Customs (CBIC) has unearthed fraud amounting to Rs 26,543 crore during its second nationwide operation against fake input tax credit (ITC). Beginning August 16, CBIC officials scrutinized 68,903 high-risk taxpayers flagg
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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