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DGGI detects 1,700 fraudulent ITC cases involving Rs. 18,000 crore with 98 arrests in Financial Year 2023-24 (up to December 2023) In the current Financial Year 2023-24 (up to December 2023), 1,700 fake ITC cases involving Rs. 18,000 crore have been detected and 98 fraudsters/masterminds have been apprehended by the Directorate General of GST Intelligence (DGGI). In the current financial year, the Directorate General of GST Intelligence (DGGI) has laid special emphasis to identify and appr
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FAQ :
The DGGI has detected 1,700 fraudulent ITC cases.
The total value of these cases amounts to Rs. 18,000 crore.
In the Financial Year 2023-24, 98 fraudsters and masterminds have been apprehended.
The DGGI uses data analysis aided by advanced technical tools to identify and apprehend masterminds of fake ITC syndicates.
Tax syndicates often use gullible individuals' KYC documents, sometimes with their knowledge for small payments, to create fake or shell firms without consent.
One operation in Sirsa, Haryana, involved a well-organised racket of fake firms, leading to the seizure of evidence and the arrest of a key operator. Another case involved a mastermind in Delhi who passed on fake ITC through 294 fake firms.
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