DGGI Uncovers ₹266 Cr GST ITC Fraud Involving 6 Shell Companies

The DGGI (Directorate General of GST Intelligence) has uncovered a ₹266 crore GST ITC fraud involving 6 shell companies. This significant fraud highlights continued challenges in the Goods and Services Tax system due to illicit activities. The "ITC fraud" refers to the fraudulent claim of Input Tax Credit, often by creating a chain of shell companies to pass on fake credits without actual supply of goods or services. This operation by DGGI underscores intensified efforts to combat tax evasion and maintain the integrity of the GST tax chain.