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 received about three other ‘star’ exporters, the people cited above said on condition of anonymity. They added that the 10 of them have claimed IGST refund amounting to Rs 28.9 crore deceitfully.
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