1,377 exporters fraudulently claim Rs 1,875 cr IGST refund, untraceable
Jul 17, 2020
New Delhi [India], July 17 : 1,377 exporters who have been fraudulently claiming Integrated GST refund amounting to Rs 1,875 crores, have been found untraceable at their principal place of business, said Union Finance Ministry sources.
"A total of 1377 exporters who have fraudulently claimed IGST refund amounting to Rs 1,875 crores, have been found untraceable at their principal place of business. This number of risky exporters also includes 7 exporters accredited as 'star exporters'," sources said.
The source further added that Adverse reports have also been received on 3 'star exporters'.
"Adverse reports have also been received on 3 'star exporters'. These 10 'star exporters' have claimed IGST refunds amounting to Rs 28.9 crores deceitfully," the source added.
