Rs 35,132-Cr GST Evasion By Over 17K Fake Firms

New Delhi: GST officers have detected cases of ITC evasion of Rs35,132 crore by 17,818 fake firms between April-October and arrested 69 persons, Parliament was informed on Monday.

In a written reply to the Lok Sabha, Minister of State (MoS) for Finance Pankaj Chaudhary said regular action is taken to detect fake firms through data analytics and other intelligence by the central and state authorities. Also, a coordinated special drive was launched between August 16 and October 30 to detect fake firms.