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During the April-December 2023 period, gross Goods and Services Tax (GST) collection witnessed a robust 12 per cent growth, reaching Rs 14.97 lakh crore.
The IMA saw this as "ominous" and moved the High Court on June 26 to restrain the DGGI from attaching its properties.
A CGST officer was arrested while taking Rs 1 lakh while the MVD officer was caught with Rs 25,000.
IGST, which is one of the three components of Goods and Services Tax or GST, is levied when there is an inter-state transfer of goods and services.
The report, which estimated that Kerala had suffered a loss of Rs 5,000 crore each year, also includes detailed suggestions on revising the IGST returns and the points to be raised before the GST Council.
On the industry demand for bringing petroleum products under GST net, he said since fuel constitutes a larger part of their revenues, both the Centre and states have some apprehension.
The GST Council, at a two-day meeting, accepted recommendations for rate rationalisation made by different groups appointed by it, resulting in tax changes.
The Council, which is headed by the union finance minister and includes representatives from all states and UTs, decided to charge services by cloud kitchens and food delivery platforms like Zomato and Swiggy a 5 per cent GST.
Under the Goods and Services Tax (GST), filing of annual return - GSTR-9/9A - for 2020-21 is mandatory for all registered businesses, barring those with an aggregate annual turnover of up to Rs 2 crore.
For eight months in a row, Goods and Services Tax (GST) revenues have crossed Rs 1 lakh crore mark and touched a record Rs 1.41 lakh crore in April 2021.