Pramod Sawant GST panel News

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GST Officers Uncover ₹15,851 Crore Fake ITC Claims in Q1 FY26; 3,558 Bogus Firms Busted

New Delhi, July 20, 2025:GST enforcement authorities have detected fraudulent input tax credit (ITC) claims worth ₹15,851 crore in the first quarter (April–June) of FY26, marking a significant 29% increase over the same period last year, according to official data. Despite the surge in fraud value, the number of fake firms identified—3,558—is slightly lower than […]

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