Govt suspects GST under-reporting of â¹34,000 crore
An analysis of GST returns filed between July and December last year showed that under-reporting of tax liabilities could be up to â¹34,000 crore, according to reports. The issue was reportedly flagged at the latest GST Council meeting on Saturday. Authorities may now issue notices to businessmen and traders who have shown different liabilities in GSTR-1 and GSTR-3B forms.