Skip to main content
← back
Must-Read

GST Fraud Crackdown: Over 25,000 Fake Firms Illegally Claimed ₹61,545 Cr ITC in FY25

Update / Judgement Date

22 Apr 2025

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Criminal LawGST

A crackdown on GST fraud has uncovered instances of fake firms illegally claiming Input Tax Credit (ITC). This indicates ongoing efforts by tax authorities to identify and penalize entities involved in fraudulent activities aimed at evading GST liabilities through the creation of fictitious businesses and the wrongful utilization of ITC. Such actions are detrimental to the integrity of the GST system.