GST ITC Fraud of more than Rs 28 Crores caught by Delhi GST

GST ITC Fraud of more than Rs 28 Crores caught by Delhi GST Mr. Vivek Johri, Chairman of Central Board of Indirect Taxes & Customs (CBIC) in his newsletter dated 06th Decemeber 2022 shared that on the Anti-evasion front, the week gone by saw officers of the Delhi Central Goods & Services Tax Zone (Delhi CGST) unearthed a case involving a network of entities generating, availing, and passing on ineligible Input Tax Credit (ITC) amounting to more than Rs. 28 Crores. Further, he added that officers of Jaipur Central Goods & Services Tax Zone(Jaipur CGST)  detected a case involving non-payment of GST under the reverse charge mechanism on services received from entities located in a non-taxable territory. An amount of about Rs. 4.5 Crores has been recovered in the case. He also informed that on the Anti-Smuggling front, officers of the Directorate of Revenue Intelligence (ORI) intercepted an international passenger arriving at the Bengaluru Airport and suspected of carrying Narcotics. Further investigation led to the recovery of 2.86 kg. of Cocaine valued at more than Rs. 31 Crore. He then congratulated to all the officers for their hard work. Source