Central GST authorities detect 634 cases of fraud GST refund claim by exporters: Aurag Thakur

“Central tax authorities have detected 634 cases of fraudulent goods and services tax (GST) refund claim by exporters amounting Rs 1,912 crore between July 2017 and January 2020,” said Anurag Thakur, minister of state for finance said in Rajya Sabha.

Among the total amount, the Central GST authorities had recover Rs 238.97 from the entities which claimed the fraudulent refunds, and they also arrested 35 people by the CGST authorities, as stated by the by him.
Thakur further said that the government had released over Rs 81,000 crore as compensation cess between April and September 2019.

“GST compensation cess collection has shown upward trend since October, 2019,” he added. In January 2020, Rs 8,637 crore was released to states, up from Rs 8331 in December 2019.

“Based on the valuable feedback and suggestions received from multiple stakeholders including state governments, the GST Council makes recommendations and necessary action is taken by the government,” Thakur added.