GST officers are using data analytics to ascertain if the entire supply chain in a particular sector is paying adequate GST or if there is a missing link, an official said. With GST evasion of over Rs 1 lakh crore detected in the last fiscal ended March 31, the Directorate General of GST Intelligence (DGGI) has stepped up efforts to catch evasion at the initial stage itself so that compliance improves.
Source a2ztaxcorp
Latest Posts in "India"
- Ahmedabad Customs Inspector Arrested for Alleged ₹2 Crore IGST Credit Fraud in Export Scam
- ISF Urges GST Cut, Women-Specific Tax Slab to Boost Formal, Inclusive Employment in India
- Punjab Software Engineer Arrested for Designing Fake GST Portal in Multi-State Tax Fraud Bust
- Supreme Court to Decide if Industrial Felt is ‘Fabric’ or ‘Machinery Part’ for VAT Purposes
- Supreme Court Rules: “Parts” Must Functionally Integrate into Machinery, Rejecting End-Use Claims
