Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 20, 2024

Revenue Secretary Calls For Balanced Approach In Tackling GST Evasion Cases

Need to maintain balance between enforcement, ease of biz: Revenue Secy to GST officers

Revenue Secretary Calls For Balanced Approach In Tackling GST Evasion Cases
n

Revenue Secretary Sanjay Malhotra on Tuesday stressed the importance of maintaining a fine balance between enforcement actions and ease of doing business while dealing with suspected GST evasion cases.

Addressing the second edition of the National Conference of Enforcement Chiefs of State and Central GST formations, Malhotra also highlighted the need to track the masterminds and beneficiaries of fake input tax credit so that strict action is taken to have the necessary deterrence effect.

The meeting comes amid the ongoing special drive to detect fake GST registration. The all-India drive began on Aug. 16 and will continue for two months.

Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay

"The Secretary stressed the importance of maintaining a fine balance between enforcement actions and ease of doing business," an official statement said.

In his address, Central Board of Indirect Taxes and Customs Chairman Sanjay Agarwal emphasised the need for enforcement agencies to stay ahead of the evaders so that the sanctity of the GST system is preserved.

He advised the enforcement units to focus on real evasion rather than interpretative issues and general industry practice.

The Conference was attended by senior officers of the Department of Revenue, CBIC, Commissioners of Commercial Tax, GST Enforcement Chiefs of the states and CEO and officers of GSTN.

Other enforcement and intelligence authorities like the Central Board of Direct Taxes, Directorate of Enforcement, Directorate of Revenue Intelligence, Financial Intelligence Unit and Central Economic Intelligence Bureau also participated in the deliberations.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com