- Uttar Pradesh launched initiative to expand GST base
- Focus on untapped sectors in service industry
- Expected to increase state revenue
- Sectors under scrutiny: real estate, banking, insurance, advertising, restaurants, e-commerce
- Aim to enhance compliance and curb tax evasion
- Transport department identified as key area for revenue generation
- VIP vehicle registration number auctions could generate ₹300 crore with 18% GST levy
- Joint commissioners assigned as nodal officers for sectors like e-commerce and real estate
- Potential revenue of ₹300-400 crore annually from real estate sector
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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