Delhi Gets 1st & Gujarat No.4 Position in the List of GST Fraud Cases

Through the highest number of bogus scams and those who are involved in the illegal claiming of ITC Gujarat reports the fourth-highest number of goods and services tax concerned frauds.

As per the information tabled in the parliament through the central ministry of finance, the state has reported 2848 cases of GST concerning frauds from 2017-18 to 2020-21 (till Jan 2021) of the total 27k cases reported in the country. Gujrat lags Delhi 3295 Tamil Nadu 3220 and Maharashtra 3195 towards the GST frauds reported.

“GST evasion is a countrywide phenomenon. When the new tax regime was rolled out, no physical verification was required for obtaining GST registration. As a result, many obtained fake GST registrations,” said J P Gupta, state commercial tax commissioner.

Gupta said that “Furthermore, many have illicitly claimed ITC using their GST registrations Under GST regime, registration is the foremost and the essential step for existing taxpayers as without registration they would not get GSTIN number which is a basic identity number of a taxpayer. The clause allowing a buyer to claim ITC only if the supplier has paid taxes was introduced only last year. Due to several such procedural reasons, tax evasion was rampant since the rollout of the new tax regime,”

At least 50 arrests have been done through the state GST dept alone in bogus billing fraud cases since the emergence of the new tax regime.

The nationwide unique drive with respect to the unscrupulous entitles for claiming and passing the Input tax credit fraudulently because of bogus invoices Get to know the complete information related to fake invoicing under GST. Also, we have specified the penalty amount and who comes under it?. Read More has been carried out. From 9/11/2020 to 31/01/2021 GST bogus whose worth Rs 20124 cr was discovered across the country where Rs 857.75 cr was recovered with 282 people all over India. Some details towards the Gujrat are not open with either state GST dept or DGGI towards the drive. In Gujrat, the SGST dept has unearthed bogus scams whose worth Rs 18k cr which engaged in the tax theft of close to Rs 2500 cr.