🇮🇳India

आपूर्तिकर्ता इनवॉइस फ्रॉड

3 verified sources

Definition

Bogus billing common in Indian wholesale; dropshippers claim ITC on unverified supplier invoices flagged in GSTR-2B.

Key Findings

  • Financial Impact: ₹10,000-1 लाख per fraud supplier (18% GST + penalty on avg ₹5 लाख turnover)
  • Frequency: Per rogue supplier engagement
  • Root Cause: Lack of visibility into blind ship supplier authenticity

Why This Matters

The Pitch: Dropshippers face ₹10-50 लाख fake ITC fraud yearly. Automated supplier GSTIN validation prevents 90% scams.

Affected Stakeholders

Finance Controller, Vendor Auditor

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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