₹21.64 Crore GST Evasion Uncovered in Karnataka, One Arrested 

₹21.64 Crore GST Evasion Uncovered in Karnataka, One Arrested

The article reports that Goods and Services Tax (GST) enforcement authorities in Karnataka successfully uncovered a major tax evasion racket involving fraudulent transactions and illegal Input Tax Credit (ITC) claims.

Key Details of the Allegation and Action

• Evasion Amount: The fraud is estimated to involve the evasion of ₹21.64 crore in Goods and Services Tax.
• Action Taken: Enforcement officials initiated an investigation that led to the arrest of one individual allegedly involved in orchestrating the evasion scheme.
• Modus Operandi (Implied): The fraud likely involved creating and operating a network of bogus firms that issued fake invoices for non-existent supplies. The purpose was the unlawful generation and utilization of Input Tax Credit.
• Enforcement Focus: The successful bust highlights the intensified use of data analytics and intelligence-based action by the Karnataka GST authorities to curb revenue leakage and protect the integrity of the tax system.