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CBIC proposes mandatory GST scrutiny on quarterly basis

The CBIC has begun an inspection of the first tranche of about 50,000 taxpayers for alleged lapses in the financial year 2018.

April 13, 2022 / 03:11 PM IST
Representative Image

Representative Image

The Central Board of Indirect Taxes and Customs (CBIC) has proposed mandatory Goods and Service Tax (GST) scrutiny on a quarterly basis to enhance compliance through effective and standardised scrutiny of returns.

"CBIC to soon introduce mandatory quarterly scrutiny of GST returns. Scrutiny exercise is aimed at better compliance and enhancement of GST collections," reported CNBC-TV18, citing sources.

The CBIC would use business intelligence and other enterprise data available to run the quarterly scrutiny, the report said.

According to the news channel's sources, tax evasion to the tune of Rs 52,000 crore was detected in the period between July 2017 and April 1, 2021.