sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
GST - Goods and Services Tax »
 GST amendments in Monsoon Session to make returns simpler
 One country, one GST, lots of confusion
 GST formalising economy, widening tax base
 GST Refund Fortnight For Exporters Ends Today
 Funds collected under GST anti-profiteering rules to be split between Centre, state
 GST payers can move jurisdictional tax officer to change username, password
 Taxpayers can now change email, mobile number under GST system. Here's how to do it
 Simple rules for a complex world: GST classification
 Govt mulls GST tax refund for foreign tourists at airports
 Govt mulls GST tax refund for foreign tourists at airports
 Refund of IGST on export of Goods-Extension of date in SB005 alternate mechanism cases and Clarification in other cases

Tax officials may go for searches, surveys to widen base under GST
September, 15th 2017

In its attempt to bring more companies under the goods and services tax (GST) umbrella, the tax department is planning to conduct searches and surveys across the country, a senior tax official told ET.

The searches could start as early as next week and would focus on checking if any company was deliberately avoiding to come under GST umbrella or if there is a genuine problem, said the official. Tax officers would conduct physical verification of premises in several areas and check the GST certificates in cases where they have been issued.

The move comes about a week after a meeting of senior tax officials with Prime Minister Narendra Modi and finance minister Arun Jaitley in New Delhi.

"As you know that the government is working towards increasing the tax base," the official said. "So we recently received directions that new registrations under GST have to be increased. In that regard we will conduct surveys across the country to find out the eligible businesses that have still not registered with us. So our officers will be soon on field to get this moving."

Industry insiders said many companies and businessmen, especially in some unorganised sectors, are deliberately avoiding to come under GST because they fear tax sleuths would go after their past unpaid taxes.

Experts welcomed the government's push to increase tax base but said it should not lead to harassment of people with genuine issues. "I don't see anything wrong with searches as it's obvious that the government wants to expand the GST base and they want to come hard on people who are evading taxes," said Pratik Jain, national leader -indirect tax, at PwC India.

"But there should be some guidance by the GST Council in the form of a circular or instruction to ensure that there is no harassment at the ground level and officers differentiate between people evading taxes and genuine problems a company may be facing," he said.

Under the current push, tax officers would visit premises of several businesses, especially in the industrial areas. In some way, officers have already started doing this. ET had first reported on July 8 that about 200 200 senior IAS, IRS and IFS officers have been asked to check if essential commodities are available across cities and small towns and if any noticeable price trends are visible.

These officials are going around in local markets from Vadodara in Gujarat and Mayurbhanj in Odisha to Rajouri in Jammu & Kashmir and Krishnagiri in Tamil Nadu to check whether GST is being implemented as intended. In one such incident, a cloth retailer in the National Capital Region was reportedly fined Rs 20,000 for selling shirts without paying GST on that.

"Such fines are required; there has to be some fear if anyone is breaking the law," said a second tax officer aware of the development. "Some people have also found loopholes and are staying out of GST net," the officer said.

The tax department's renewed push comes weeks after the Haryana excise and taxation department asked its tax officers to conduct searches on companies in the state.

In a circular issued on August 10, the department mentioned eight points that tax officers have to follow along with a timeline for each process.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions