• ITC (Input Tax Credit) fraud cases rose by 41% in April-January FY25 compared to FY24.
  • The amount detected in these frauds jumped 28%, reaching over ₹46,000 crore.
  • Fake invoices were used to claim ITC without actual supply of goods or services.
  • The GST Network (GSTN) has introduced analytics-based risk assessment to curb fraud.
  • The government is tightening tax compliance, including scrutiny and audits based on risk parameters.