₹70 Crore GST Fraud Using Stolen PAN and Aadhaar Data Uncovered

Authorities have unearthed a massive ₹70 crore Goods and Services Tax (GST) fraud involving the misuse of stolen PAN and Aadhaar credentials. The perpetrators created fake firms and generated fraudulent invoices to wrongfully claim input tax credit. The investigation revealed deep-rooted identity theft and systemic misuse of taxpayer data. Law enforcement agencies have initiated proceedings against the accused under relevant sections of the GST law and the Indian Penal Code. The case underscores the growing challenge of cyber-enabled financial crimes and the need for stronger compliance and data protection mechanisms.