Quick Summary
In a significant move to enhance tax compliance, the Directorate General of GST Intelligence (DGGI) has issued over 20,000 notices across India for assessment years 2017-18 to 2021-22. The total tax demand from these notices is estimated to exceed Rs 80,000 crore, highlighting the government's stringent approach towards curbing tax evasion and ensuring compliance under the GST regime. The notices, issued under Section 74 of the Central GST Act, primarily address alleged shortfalls in tax paymen
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FAQ :
Over 20,000 GST notices have been issued across India.
The total tax demand from these notices is estimated to exceed Rs 80,000 crore.
The notices cover assessment years from 2017-18 to 2021-22.
The notices primarily address alleged shortfalls in tax payments, discrepancies in input tax credit claims, and interpretation of specific legal provisions.
Sectors under scrutiny include foreign airlines, shipping companies, insurance firms, online gaming companies, and information technology entities, among others.
Taxpayers are advised to review their filings and address any discrepancies promptly to avoid penalties or further legal action.
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