57th GST Council meeting: Proposed GST amendment may reduce Keralam’s revenue leakage | Thiruvananthapuram News
Thiruvananthapuram: Keralam could see a significant reduction in GST revenue leakage if the proposed system-based changes to GSTR-3B (GST return used to declare tax liability and claim input tax credit) are implemented. GST sources estimate that the state is currently losing around Rs 100 crore a month through fraudulent utilisation of input tax credit (ITC).The…
