Every penny counts as GST officers send demand notices to companies

Rs 5.9858630140000004! This is not a figure from an S Ramanujan-G H Hardy conversation but a demand notice given by tax officials to the companies. The tax department is pushing hard to meet the GST indirect tax revenue target for 2019-20. After directions from the Central Board of Indirect Taxes and Customs (CBIC) to recover GST interest, worth Rs.460 billion, field officials are busy sending notices for recoveries, which sometimes are in single digits.

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