January 20, 2026 4:00 PM

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ED conducts search operations across Jharkhand, Manipur and Kolkata in connection with fake Input Tax Credit scam

The Enforcement Directorate (ED) is conducting search operations across Jharkhand, Manipur and Kolkata in connection with a massive fake Input Tax Credit scam worth around 658 crore rupees. According to the ED, the case involves firms accused of generating and availing fraudulent ITC through fake invoices without any actual supply of goods or services. The probe agency said that such bogus claims, apart from draining the exchequer, are often tied to money laundering and shell company networks. Further investigation is in progress.