Rs. 2250 cr tax evasion: DGGI sends notice to HDFC Bank, Policybazaar, Go Digit

However, the DGGI has found that these companies had claimed ITC on fake invoices issued by shell companies, which were not engaged in any genuine business activities. The DGGI has also alleged that these companies had availed of ITC on purchases made from non-existent dealers and had used it to reduce their tax liability.

The DGGI has issued notices to these companies under Section 74 of the Central Goods and Services Tax Act, which allows for the recovery of any tax not paid or short-paid along with interest and penalty. The companies have been asked to respond to the notices within 30 days and to provide relevant documents and information to support their claims of ITC.



The DGGI's action against these companies is part of its ongoing crackdown on tax evasion and fraud in the GST system. The government has been taking a number of steps to curb GST evasion, including the introduction of e-way bills, a unified tax payment portal, and stricter penalties for non-compliance.