The Central Board of Indirect Taxes and Customs (CBIC) has taken proactive measures to tackle the issue of fake invoices and bogus entities in the Goods and Services Tax (GST) system. Numerous cases have emerged where fraudulent firms were created to submit false claims, including fake Input Tax Credits (ITCs). The CBIC, in collaboration with the central and state authorities, has initiated a comprehensive drive leveraging data analytics to identify suspicious entities. So far, the drive has uncovered 24,000 fake GSTNs and identified approximately 60,000 entities for investigation. The exposure to fake ITCs has reached around Rs 14,000 crore, highlighting the significance of these initiatives in curbing misuse and ensuring the integrity of the GST system. Catch Siddharth Zarabi in an exclusive conversation with CBIC Chairman Vivek Johri on drive against Fake Invoices and GSTIN