Quick Summary
Finance Minister Nirmala Sitharaman on Saturday directed Central Board of Indirect Taxes Customs to introduce its automated GST return scrutiny by next week and to implement an action plan to increase the taxpayer base through enhanced use of technology. Sitharaman, did a comprehensive review wi
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FAQ :
The Finance Minister has directed CBIC to introduce automated GST return scrutiny by next week.
The aim is to increase the taxpayer base through the enhanced use of technology and an implemented action plan.
The Finance Minister is focused on intensifying the drive against fake billing and fraudulent Input Tax Credit (ITC).
CBIC is to undertake a root cause analysis of booked cases and recommend technology-based solutions to prevent such occurrences.
The FM emphasised continuously improving taxpayer services and organising zonal interactions with trade and industry members to understand and address their issues and suggestions.
The total indirect tax mop-up for FY23 stood at ₹13.82 lakh crore.
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