TMI BlogRecommendationsregarding Data Analytics made during the 26th meeting of the GST CouncilX X X X Extracts X X X X X X X X Extracts X X X X ..... Recommendationsregarding Data Analytics made during the 26th meeting of the GST Council X X X X Extracts X X X X X X X X Extracts X X X X ..... he fact that CBEC and GSTN have started detailed data analytics across a number of data sets available with them. The outcome of preliminary data analysis has revealed interesting insights: * It ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s emerged that there is variance between the amount of IGST & Compensation Cess paid by importers at Customs ports and input tax credit of the same claimed in GSTR-3B. * There are major data gaps be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tween self-declared liability in FORM GSTR-1 and FORM GSTR-3B.
It was deliberated that this information may be further analysed and adequate action may be initiated accordingly. X X X X Extracts X X X X X X X X Extracts X X X X ..... ease - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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