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Theft, including cases of fake input tax credit (ITC), was identified in 72,393 examples during this period. Officials made 132 arrests and recovered ₹ 20,128 crore.
For full financial year 2023-24, CGST authorities highlighted the GST theft of 2.30 lakh crore in 20,582 cases, which led to the recovery and 31,758 crore and 223 arrests. In previous years, the theft was ₹ 1.32 lakh crore in 2022-23 and ₹ 73,238 crore in 2021-22.
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GST is charged with special rates for four primary slab -5%, 12%, 18%, and 28% -specific items, with 3%on gold, silver and diamonds, 1.5%on cut and polished diamonds , And 0.25 included. %On some diamond.
A GST compensation applies to select items at different rates such as cess cess cess, tobacco, aerated drinks and vehicles. To curb fake registration, CGST and State GST officials held two special drives – from May 1 to August 2023 and from August to August 2024.
The first drive exposed 21,808 fake GST Identification Number (GSTINS), which revealed the tax evasion and eight arrests of 24,357 crores. The second drive identified 68,393 fraud GSTins, which revealed in tax evasion and 25,346 crores and resulted in 19 arrests.
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(Tagstotranculate) GST Election (T) Central GST Officer (T) Minister of State for Finance Pankaj Chaudhary (T) ITC fraud case (T) CGST Officer (T) Goods and Services Tax (T) GST Tax (T) GST Compensation Compensation Compensation (T. ) Tobacco and tobacco products (T) aerated beverage (T) vehicle
