Authorities have refined the risk parameters to target potential fraud more effectively, building on insights from a similar drive last year. 

59% of the identified Goods & Services Tax Identification Numbers (GSTINs) have been verified, with 27% found to be non-existent.

Shashank Priya noted that while the percentage of non-existent entities was expected to be higher, the results align with the previous campaign. 

This second phase follows a major operation from May 16 to July 15, 2023, during which 21,791 entities with fraudulent Goods & Services Tax (GST) registrations were uncovered.

The drive led to the detection of Rs 24,010 crore in suspected tax evasion, split between Rs 8,805 crore in state taxes and Rs 15,205 crore under the Central Board of Indirect Taxes and Customs (CBIC’s) purview. 

In the current drive, tax authorities have already detected Rs 10,179 crore in tax evasion, blocked Rs 2,994 crore in input tax credit (ITC), and recovered Rs 28 crore.

In collaboration with the Directorate General of Analytics and Risk Management (DGARM) and CBIC, the GST Network is leveraging advanced data analytics and risk parameters to identify suspicious or high-risk GSTINs under the special drive. 

This information is then shared with jurisdictional tax officers for further verification. The intensified effort aims to ensure transparency, plug revenue leaks, and recover lost tax. 

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