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Fake ITC claims detection by central GST officers up 51 pc at Rs 36,374 cr in FY24

By Economic Times - 4 months ago
Detection of fake input tax credit (ITC) claims by central GST officers rose 51% to Rs 36,374 crore in 2023-24, Parliament was informed. In 2023-24, 9,190 cases were booked, 182 arrests made, and Rs 3,413 crore voluntarily deposited. In 2022-23, Rs 24,140 crore in fake ITC was detected from 7,231 cases

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