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In a recent disclosure to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary revealed the proactive measures undertaken by GST officers to curb tax evasion. Utilizing sophisticated data analytic and artificial intelligence (AI) tools such as Business Intelligence and Fraud Analytics (BIFA
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FAQ :
GST officials detected 14,597 cases of tax evasion during the period of April to December 2023.
GST officials are utilising sophisticated data analytics and artificial intelligence (AI) tools such as Business Intelligence and Fraud Analytics (BIFA), NETRA, and ADVAIT.
The efforts are primarily targeting risky taxpayers suspected of fraudulent activities, particularly those involving fake input tax credits.
GST intelligence officers have identified fake input tax credit cases amounting to Rs 18,000 crore.
A total of 98 fraudsters and masterminds have been arrested.
The GST registration process includes physical premises verification and Aadhaar authentication. Pilot projects for risk-based biometric Aadhaar authentication are also underway in Gujarat, Andhra Pradesh, and Puducherry.
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