Thousands of taxpayers get GST notices for FY18

The Goods and Services Tax (GST) authorities across the country have sent out several thousands of notices claiming shortfalls in payment of tax for FY18. The deadline to issue notices is September 30 and the taxpayers have been given 30 days to respond to these automated notices. These notices largely pertain to mismatches in GST output and liability, input tax credit, ineligible tax credit claim…