Goods and Services Tax

Recommendationsregarding Data Analytics made during the 26th meeting of the GST Council

Goods and Services Tax – GST – Dated:- 10-3-2018 – In the 26th meeting held here today , the GST Council has been apprised of the fact that CBEC and GSTN have started detailed data analytics across a number of data sets available with them. The outcome of preliminary data analysis has revealed interesting insights: It has emerged that there is variance between the amount of IGST & Compensation Cess paid by importers at Customs ports and input tax credit of the same claimed in GSTR-3B. There

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