Explained: How frauds make use of fake GST invoices

In the last one month, the Directorate General of Goods and Services Tax Intelligence (DGGSTI) across the country has arrested over 100 people and booked 3,479 entities in 1,161 cases for illegally availing or passing on input tax credit (ITC) by using fake GST invoices, and causing loss to the exchequer. Tax officials said the use of fake invoices to wrongfully avail ITC credit has been gradually…