DGGI Exposes 1700 Fake ITC Cases, Nabs 98 Culprits in FY23-24 with Rs18,000 Crore at Stake
During the current Financial Year 2023-24, the Directorate General of GST Intelligence (DGGI) has intensified its efforts to dismantle syndicates orchestrating fraudulent Input Tax Credit ( ITC ) activities. As a result, a total of 1,700 cases, involving a staggering sum of Rs. 18,000 crore, have been detected, leading to the apprehension of 98 fraudsters and masterminds. The DGGI has employed advanced data analysis tools to uncover these elaborate schemes, highlighting the increasing sophistication of tax evasion tactics.
DGGI has unravelled cases using data analysis aided by advanced technical tools which led to the arrest of tax evaders. These tax syndicates often use gullible persons and entice them with job / commission / bank loan etc. to extract their Know Your Customers ( KYC ) documents which were then used for creation of fake / shell firms / companies without their knowledge and consent.
Important Cases Unearthed by DGGI
Sirsa, Haryana Racket:
A well-organized racket operating from Sirsa, Haryana, came under the DGGI’s radar. The analysis revealed M/s. S.D. Traders in Delhi, a newly registered firm with NIL inward supplies but a significant number of E-way bills. The investigation led to the identification of a premises in Sirsa, exposing a network of fake firms. The arrest of Mr. Manoj Kumar and the seizure of evidence pointed to a potential evasion of Rs. 1,100 crore.
