DGGI Sends Over 300 Show-Cause Notices to Top Company Executives for Wrongful Availment of ITC

DGGI has issued over 300 show-cause notices to top executives of various companies for wrongful availment of Input Tax Credit (ITC) under the GST regime. The notices target major corporations suspected of claiming ITC without proper documentation or ineligible claims. This action follows a broader crackdown on fraudulent ITC claims, where several companies were found to have misused the ITC mechanism to evade taxes. Executives are being held accountable, and the notices aim to curb these practices, reinforcing the GST compliance framework while maintaining transparency in tax credits claimed.