The Great Indian Biryani Scam: How taxmen used AI to uncover Rs 70,000 Crore fraud?
Tax slueths scanned billing transactions worth Rs 2.43 lakh crore between 2019–20 and 2025–26 using AI tools.
Tax slueths scanned billing transactions worth Rs 2.43 lakh crore between 2019–20 and 2025–26 using AI tools.
Addressing a press conference here, Satheesan said that although the state suffered a GST loss of Rs 200 crore in this regard, the government conducted no probe to locate the perpetrators.
The GST Department has warned that it uses comprehensive network analytic tools, coordinates with other authorities to identify tax evaders
The arrested accused Smruti Ranjan Sahu had floated several fictitious firms and had allegedly availed fraudulent input tax credit (ITC) claims by using fake invoices.
An authorisation for arrest of seven persons was issued by commissioner state tax, Nilkanth S. Avhad, under section 69 of the GST Act for violation of section 132 (1)(a),(b) &(c).
Since May 24, Manpasand scrips have lost over half of its value. On Thursday, the scrips hit Rs 57.10 a share, declining by Rs 6.30 or 9.94 per cent.
Vijay R Gutte, director of the forthcoming film The Accidental Prime Minister has been arrested in a case of alleged Rs 34-crore GST fraud.
