🇮🇳India

नकली GSTIN से धोखाधड़ी

2 verified sources

Definition

Bogus buyers in equipment wholesale exploit manual processes for credit fraud.

Key Findings

  • Financial Impact: ₹2-10 लाख per fraudulent account; 1-3% of credit sales
  • Frequency: 1-2 cases per year for mid-size wholesalers
  • Root Cause: No integration with GSTN portal for live verification

Why This Matters

The Pitch: Photography wholesalers suffer ₹5-20 लाख bad debt annually from fraudulent approvals. Real-time GST portal API stops 90% fraud.

Affected Stakeholders

Risk Manager, Credit Controller

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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