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 apprehend masterminds of fake Input Tax Credit (ITC) and disrupting syndicates, operating across the country. DGGI has unraveled 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 enticed 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.
A gathered intelligence indicated that various OPCs (one person companies) were formed or bought from market to initiate ITC fraud dealing in supply of services, mainly using co-working spaces, for commission ranging between 4-8%. On basis of gathered intelligence and further analysis, a search was conducted in Pitampura, Delhi and various incriminating documents, Pan Cards, Aadhar Cards having same photo but different names, one laptop, four mobile phones with SIM cards were recovered. Evidence indicated that 190 fake firms were created and ineligible ITC amounting to Rs. 393 crore passed on.
One of the persons named Rahul, who was available at the premise, admitted to be instrumental in operating fake firms, having 06 PAN cards and 05 Aadhar cards forged for obtaining Digital Signatures used in creating/operating the fake firms in Delhi-NCR, was arrested by DGGI and remanded for 14-day judicial custody.
