Many large companies to move Appellate Authority against GST demand notices
In recent days, an increasing number of GST notices have been sent to many companies mainly on account of alleged discrepancy in input tax credit (ITC).
India’s Goods and Services Tax (GST) collections received in November totalled Rs.83,346 crore till November 27, the government announced on Monday.
According to Ministry of Finance, a total of 95.9 lakh tax payers have been registered under the GST so far, out of which 15.1 lakh are “composition dealers” who are required to file returns every quarter.
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