|
|
Delhi government launches drive against GST defaulters
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 13 Oct, 2018
In order to ensure compliance of Goods and Services Tax (GST)
provisions, the Delhi government on Friday launched an extensive drive
against tax and return defaulters with an aim to increase revenue for
the national capital.
The move by the Department of Trade and Taxes is aimed at checking tax evasion and bridge the revenue gap.
"A
detailed strategy has been chalked out by the department and numerous
instructions like identifying dealers carrying out business without
registration and rigorous follow-up of notices to non-filers of return
have been issued to GST officers of the state tax department," VAT
Commissioner H. Rajesh Prasad said giving details of the drive.
Other
instructions, Prasad said, include identification and action against
tax payers claiming excessive Input Tax Credit (ITC) in GSTR-3B filed as
compared to GSTR-2A, action against tax payers showing lesser output
tax liability in GSTR-3B filed as compared to GSTR-1, scrutiny of Input
Tax Credit (ITC) claimed by the tax payers in TRAN-1 form and action on
the tax payers claiming excessive ITC.
The drive will also
include physical verification of at least 10 per cent of new tax payers
to curb issuance of bogus invoices, physical verification of old or
migrated tax payers in suspicious cases, creating mobile squads to check
the system of e-way bill and invoices during the movement of goods
within Delhi, and verification of the returns filed by work contractors
in Delhi.
A statement by the Delhi government said that show-cause notices have also been issued to 51,500 tax defaulters.
"As
of now, notices have been issued to the 51,500 tax payers who have not
filed GSTR-3B returns for the tax periods concerned," the statement
said.
Besides, it said, 135 notices have been issued in respect
of excessive claim of ITC in GSTR-3B by the tax payers, and 837 notices
have been issued for showing lesser output tax liability in GSTR-3B
returns by the tax payers as compared to GSTR-1.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|