#export fraud

Govt identifies 1,377 risky exporters, fraudulent IGST claims worth nearly Rs 2,000 cr

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The government has released a list of risky exporters who have caused a loss to the state exchequer through fraudulent IGST claims.

According to people aware of the development, these fraudulent 1,377 exporters claimed refund amounting to Rs 1,875 crore. This number also includes seven ‘star’ exporters, they said, adding that these people are untraceable.

Adverse reports have been…