Gujarat GST department uses Udyam data, flags even exempt businesses

Ahmedabad: In a first-of-its-kind drive, the state GST department is using Udyam MSME data to identify firms that could be liable for GST registration. Businesses whose MSME records point to turnover above the registration threshold are being issued notices to submit extensive financial documents, including income tax returns, invoices, bank statements and turnover details.The notices have trigger…