India's DGGI has uncovered a substantial ₹1.36 trillion in GST evasion this fiscal year, including cases of false input tax credit claims. The agency has collected ₹14,108 crore voluntarily. DGGI intensified efforts to track and apprehend tax evasion syndicates across the nation, utilizing data analysis and advanced tools.
These syndicates illicitly obtain 'know your customer' (KYC) documents from potential victims to create unauthorized shell entities. In this fiscal year, 1,040 cases of fake input tax credit, amounting to ₹14,000 crore, have been discovered, leading to the arrest of 91 fraudsters. The tax system's structure ensures that entities involved in evasion find it challenging to evade detection. Reporting obligations for businesses have been heightened for improved economic activity monitoring.