Tax Department Identifies Rs 25,000 Crore GST Discrepancy in Restaurant Sector
The Indian government's tax department has identified a potential Goods and Services Tax (GST) discrepancy of Rs 25,000 crore within the restaurant industry. Authorities have issued notices to restaurants across the country as part of a compliance drive. The action follows data analysis suggesting under-reporting of revenue by numerous establishments. The government aims to recover the alleged unpaid taxes from the current and previous financial years.
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