One year of GST: Rs 2,000 cr evasion unearthed in just 2 months
CBIC member John Joseph said alike small businesses who are making mistakes while filing GST returns, multinationals and big corporates too have slip-ups. "If you look at the way tax revenues are paid, it gives an alarming picture. We have registration of more than 1 crore businesses.
The first GST anniversary is looming and a study shows how big the potential impact of the new tax regime can be. Image source: Reuters