The senior council Revenue department of Andhra Pradesh head by Special Chief Secretary Rajat Bhargava, and Central and State GST officials talks about the methods to get optimized for good execution of GST acts in the state tax chief commissioner.
The participants have an urge towards the coordination amid the center and the state tax council in sharing the information on outward and inward supplies and the GST return filed through the assessee every month.
They said that the details accumulated in market intelligence must be collated and shared. While the orders passed through the officers of the central and state government council on disputed problems need to be shared for the intention that the officers can argue in courts if the assessee opts for a lawful option.
It is seen that illegal or fake claims of ITC with bogus GST invoices Get to know the complete information related to fake invoicing under GST. Also, we have specified the penalty amount and who comes under it?. Read More are a bigger source of revenue leakage beneath GST acts. The officers stated that it was indeed essential to track the filing returns and on the collection of tax arrears.
The meeting seeks multiple judgments on the modality of giving the information, intelligence, orders, joint investigations, and periodic analysis of different sectors.
Principal Chief Commissioner (Customs & Excise, Visakhapatnam Zone) P. Naresh, Chief Commissioner of State Tax Peeyush Kumar, Principal Commissioner at Central Board of Indirect Taxes (Guntur/Vizag Commissionerate) S. Faheem Ahmed, Special Commissioner of State Taxes Sadhu Narasimha Reddy, was present.