GST officers detect Rs 15,851 cr fraudulent ITC claims in April-June, 3,558 fake firms uncovered
- Posted on July 20, 2025
- By Business News Today
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GST officers detect Rs 15,851 cr fraudulent ITC claims in April-June, 3,558 fake firms uncovered
GST officers uncovered a significant surge in fake input tax credit (ITC) claims, reaching Rs 15,851 crore in the first quarter of FY26, a 29% increase year-on-year. While the number of detected fake firms decreased, the amount of fraudulently claimed ITC rose substantially.
