🚨 80% OF GST NOTICES ARISE FROM RETURN MISMATCHES?

🚨 80% OF GST NOTICES ARISE FROM RETURN MISMATCHES? Government Plans to Redesign GST Returns! The biggest GST compliance reform may not be a change in tax rates. It may be a change in how tax

🚨 80% OF GST NOTICES ARISE FROM RETURN MISMATCHES? Government Plans to Redesign GST Returns! The biggest GST compliance reform may not be a change in tax rates. It may be a change in how tax liability and ITC are reported. On 22 October 2026, CBIC's GST Policy Commissioner reportedly acknowledged that nearly 80% of GST notices arise from return mismatches. The Government now proposes to redesign the return-filing mechanism to reduce these discrepancies. Important dates: → 1 November 2026: Draft