The move would help curb the menace of fake billing, whereby sellers would show higher sales in GSTR-1 to enable purchasers to claim input tax credit, but report suppressed sales in GSTR-3B to lower GST liability.
The revision in rates of over 50 goods and services along with a discussion on bringing petro products like petrol, diesel and aviation fuel under the ambit of a nationwide tax are on the agenda of GST Council meeting