02/05/2026
What is a “Bogus Invoice Scam”? 👇
A case worth ₹397 Cr was just busted by CGST Delhi where dummy firms issued invoices without any real supply to help others claim ₹60.59 Cr of fraudulent Input Tax Credit.
This is a punishable offense under Section 132 of CGST Act. Arrests have been made.
Lesson: ITC is only available when there is actual receipt of goods/services + valid tax invoice + payment to supplier.
Always verify your vendors. Maintain proper documentation.
Stay compliant. Stay safe. For GST advisory & compliance → Contact *Karia Consultancy*
📞 +91 97373 15195 | 🌐 kariaconsultancy.in
KariaConsultancy Ahmedabad