GST authorities issue demand notices worth ₹1.45 lakh crore in December for FY18: Report

Goods and services tax (GST) authorities issued demand notices totaling  ₹1.45 lakh crore to around 1,500 businesses in December, a report said. The notices were sent due to inconsistencies in annual returns and input tax credit claims for the financial year 2018, according to officials.  The significant volume of notices is because of the deadline for serving notices for the 2017-18 per…