During 2022-23, Rs 24,140 crore fake ITC were detected in 7,231 cases. 152 persons were arrested and Rs 2,484 crore taxes were deposited voluntarily.
The Number of cases booked by central tax formation during 2021-22 was 5,966.
Chaudhary said the challenges in tracking fake ITC fraudsters relate to masterminds, who operate the fake ITC generation through control and management of a complex web of entities created across jurisdictions.
“Such challenges are being met through coordination with multiple stakeholders, including law enforcement agencies,” he added.