ITC fraud worth Rs 74,782 crore detected in FY26; Maharashtra, Gujarat lead
- Source
- The Economic Times - Economy
- Source link
- https://economictimes.indiatimes.com/news/economy/finance/itc-fraud-worth-rs-74782-crore-detected-in-fy26-maharashtra-gujarat-lead/articleshow/132688868.cms
- Published
- 2026-07-28 15:56:37
- Discovered by ProcIntel
- 2026-07-31 10:58:01
- Category
- Regulation, Tariffs, Sanctions & Trade
- Geography
- India
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
Central GST officers detected over 30,000 input tax credit fraud cases in 2025-26. These cases involved approximately Rs 74,782 crore and led to 358 arrests. Maharashtra and Gujarat reported the highest number of fraud cases and associated financial values. Fake GST registrations using forged documents also contributed to substantial ITC fraud. The number of detected fraud cases has sharply increased over the past three years.
Procurement Relevance Gate
FAIL
— score 7.0/100 — evaluated 2026-07-31 10:58:01
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.