10,000 Fraud GST Registrations turn up in first week of drive
PrintListen to this Article
0:00
0:00
Central and state goods and services tax officials have detected about 10,000 fake GST registrations in the first week of a joint drive. The officials are conducting door-to-door physical verification of addresses before initiating any action, people aware of details said. The campaign against fraudulent invoices and registration began May 15 and will run until July 15.
"In the first week of the drive so far we have detected about 10,000 fake GST registrations," a senior official told ET.
In many cases, officials found forged electricity bills, property tax receipts and rent agreements were used as proof of principal place of business to obtain GST registration.
The amount of fake input tax credit is yet to be ascertained. "It is premature to assess numbers so far but initial estimates suggest it to be above ?25,000 crore," the official said, adding that the final numbers will be available once the drive ends.
The physical verification cases have been selected through data analytics and risk parameters by GST Network (GSTN), which identifies possible fraudulent GSTINs for state and central tax authorities.
"In the first week of the drive so far we have detected about 10,000 fake GST registrations," a senior official told ET.
In many cases, officials found forged electricity bills, property tax receipts and rent agreements were used as proof of principal place of business to obtain GST registration.
The amount of fake input tax credit is yet to be ascertained. "It is premature to assess numbers so far but initial estimates suggest it to be above ?25,000 crore," the official said, adding that the final numbers will be available once the drive ends.
The physical verification cases have been selected through data analytics and risk parameters by GST Network (GSTN), which identifies possible fraudulent GSTINs for state and central tax authorities.
Category : GST | Comments : 0 | Hits : 2505
In a significant judgment, the Bombay High Court has clarified that summons issued under the Central Goods and Services Tax (CGST) Act are meant strictly for inquiry and recording of statements, and c...
Please click on the link below to view the gross and net GST revenue collections for the month of Jan, 2026. https://tutorial.gst.gov.in/downloads/news/final_approved_monthly_gst_data_for_pub...
Jan 23rd, 2026 An advisory on reporting of taxable value and tax liability under RSP-based valuation in e-Invoice, e-Way Bill and GSTR-1 / GSTR-1A / IFF has been issued for the information ...
Comments