GST Intelligence investigates at least 10 mutual fund houses for wrongful expense claims

The Directorate General of GST Intelligence (DGGI) has sent letters of inquiry to about 10-12 mutual fund houses, seeking details of transactions that were found to be dubious, CNBC-TV18 reported government sources as saying. The GST Intelligence found the fund houses possibly booked expenditures that they claimed input tax credit (ITC) wrongfully to reduce their GST liability, it said. DGGI estim…