Visakhapatnam, March 27 -- The Directorate General of GST Intelligence (DGGI), has uncovered a massive GST fraud worth Rs 217 crore following surprise raids across Andhra Pradesh and Telangana.

According to a press release, acting on specific intelligence inputs regarding suspicious GST registrations and irregular credit flows, DGGI officials launched coordinated searches and investigations using advanced data analytics and field verification. The probe revealed a well-organised syndicate operating a network of 72 fictitious GST-registered entities involved in fraudulent availment and passing of Input Tax Credit (ITC).

As per the release, these shell firms were created using Aadhaar and PAN details of unsuspecting individuals, who were ...