Fake GST credit jumps 27% to Rs 75,000-cr in FY26

The number of and amount involved in fake input tax credit (ITC) cases detected by the government under the Goods and Services Tax (GST) have seen sharp spikes over the last two years, data shared by the finance ministry on Tuesday showed. This rise, according to experts, shows not only higher tax evasion but also enhanced enforcement by the government. The government detected Rs 74,782 crore in f…