Hyderabad firm reports Rs 183 crore cyber fraud involving 730 fake GST invoices
- A plywood and hardware company in Hyderabad reported cyber fraud involving the generation of 730 fake invoices & e-Way.
- The fraudsters accessed the firm's GST account, leading to an attempt to claim approximately Rs 30 crore in input tax credit.
- The company's management has filed a complaint with local authorities, seeking action against the perpetrators.
- Cybersecurity experts warn that such incidents are increasing, highlighting the need for stronger measures to protect GST.
Source: x.com
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