Thursday 9 May 2019

GST :- AND RECOVERY OF TAX NON PAYMENT


GST :- AND RECOVERY OF TAX NON PAYMENT


People are not paying their taxes it is regular thing in India but when people are not paying GST tax then Central government is planning to allow indirect tax department to catch such cases using electronic surveillance

GST intelligence will have surveillance right

To stop GST tax invasion there is a right with the authority to check mobile computer laptop and electronic communication

GST intelligence Can decode  phone tape and electronic surveillance

For that purpose proper permission can be taken from the government or officials
By using this GST tax evasion will stop and filing of taxes will increase

Right now only 10 top agencies big agencies have this authority

This proposal will soon will go to the the home ministry for approval and permission

Last year intelligence could catch 50000 crore non payment of the tax

Out of 50000 only 12000 crore could we cover

below are the figures of the GST collection in financial year 2018-19

April 2018    1 lakh crore
May 2018.   94000 crore
June 2018.    95000 crore
July 2018.     96000 crore
August 2018    94000 crore
September 2018      94000 crore
October 2018.     1 lakh crore
November 2018.   97000 crore
December 2018    94 thousand crore

January 2019      1 lakh crore
February 2019     97000 crore
March 2019     1 lakh crore

Compared to last year GST tax non payment has increased by 50%

however government is increasing its efforts to recover and getting success to recover much amount

Since last 1 year recovery has increased by 300% that is good site


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