AI tools uncover ₹74,782 crore in fraudulent GST claims during FY26
In FY26, the government ramped up its tech-driven efforts to combat GST evasion, identifying ₹74,782 crore in bogus Input Tax Credit (ITC) claims spanning 30,162 separate incidents. This figure is more than twice what was uncovered just two years prior. By leveraging artificial intelligence, data analytics, and various digital platforms, the CBIC successfully exposed these illicit operations. ITC is a mechanism that permits companies to deduct taxes paid on their business inputs.