The tax authorities are confronting an unprecedented spike in goods and services tax (GST) fraud, driven increasingly by “sleeping modules”, dormant or inactive companies that are being resurrected as ...
In FY25 alone, CGST officers detected GST evasion of more than Rs 2.23 lakh crore. Of the 30,056 cases identified during the year, over half related to ITC fraud, involving evasion of Rs 58,772 crore ...