Government looks to plug GST leaks, boost collections; meet on Friday

NEW DELHI: Having detected frauds of close to Rs 50,000 crore, the Centre is looking to tighten processes, including those related to claiming input tax credit ( ITC ), and will focus on getting states to okay plans to shut down leaks and evasions at this week’s  GST Council meeting. The government's effort to shore up collections and improve revenues is likely to be a major area of discussio…