Srinagar, July 3 -- In a resolute effort to safeguard the public revenue and ensure compliance with the Goods and Services Tax (GST) regime, the State Taxes Department Kashmir today conducted massive raids against the business entities involved in fraudulent Input Tax Credit (ITC) practices across Kashmir.These meticulously executed raids, planned over the past month, unearthed significant instances of tax fraud, reinforcing the department's commitment towards curbing the fraudulent tax practices.The raids were initiated based on credible intelligence inputs regarding widespread misuse of ITC provisions, particularly in Kashmir, where certain commodities such as iron, cement and steel have been identified as highly susceptible to tax evas...