Input Tax Credit

New Delhi:  In the ongoing Financial Year 2023-24, up to December 2023, the Directorate General of GST Intelligence (DGGI) has detected a staggering 1,700 fake Input Tax Credit (ITC) cases, involving an estimated Rs. 18,000 crore.

New Delhi: In a concerted effort to combat frauds in Goods and Services Tax (GST) and enhance compliance, GST formations under the Central Board of Indirect Taxes and Customs (CBIC) and State/UT Governments have initiated a focused drive…