DGGI Officials Conduct Surprise Raids in Hyderabad

Officials from the Directorate General of GST Intelligence (DGGI) conducted surprise raids in Hyderabad, uncovering a massive GST scam worth ₹217 crore. During the operation, authorities identified a network of 72 shell companies spread across Andhra Pradesh and Telangana. These entities were allegedly used to generate fake invoices and facilitate large-scale tax evasion.

Investigations revealed that fraudulent transactions amounting to nearly ₹1,472 crore were created using forged documents. The accused reportedly misused input tax credit through fake billing practices. Officials stated that further investigation is underway to identify more individuals and entities involved. The case highlights growing concerns over GST-related financial frauds in the country.