VATupdate

How GST authorities are using data analytics and technology for investigations

Guidelines issued to the tax officials for scrutiny of Goods and Services Tax (GST) returns in Kerala has thrown light on how the tax department is using data analytics and technology.

In a directive issued by commissioner of State GST to the tax officials, a detailed explanation of the risk factors and the red flags and procedure was detailed out. The directive not only mentions the top risk factors but even a detailed step by step procedure of how the system work, how it flags off up risk factors and how to investigate once the data analytics throws discrepancies in tax filings.

Source economictimes

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