Fake GST credit jumps 27% to Rs 75,000-cr in FY26
29-Jul-2026
he number of and amount involved in fake input tax credit (ITC) cases detected by the government under the Goods and Services Tax (GST) have seen sharp spikes over the last two years, data shared by the finance ministry on Tuesday showed. This rise, according to experts, shows not only higher tax evasion but also enhanced enforcement by the government.
The government detected Rs 74,782 crore in fake ITC claims under GST in 2025-26 (April-March), up 27% from Rs 58,773 crore detected in FY25, Minister of State for Finance Pankaj Chaudhary told the Rajya Sabha on Tuesday. In FY24, the amount involved in such cases was just Rs 36,373 crore.
News Source:- https://www.financialexpress.com/policy/economy/fake-gst-credit-jumps-27-to-rs-75000-cr-in-fy26/4304918/?ref=economy_hp
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