Only 16% of initial and final GST returns for July-Dec match
Only 16.36% of the initial GST returns filed for July-December 2017 matched with the final returns, according to an analysis by the Revenue Department. The GST returns data showed that 34% of the businesses paid â¹34,400 crore less tax during the period while filing initial returns. However, there was also excess tax payment of â¹91,072 crore by 49.36% of businesses.