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The Government of Bihar has targeted 20 thousand crore revenue collection to the commercial tax authorities under the GST during the current financial year.
The main objective of introducing GST in India was to decrease Tax Evasions and increase Tax Compliance. The GST TAX System is now more than six months old, but still, there is no decline in the number of vehicles carrying illegal and non-registered goods inside Uttar Pradesh.
It’s been less than nine months since the GST was launched and it has already come under the radar of the black market. Tax evasion activities through black market and under-valuing of imports have been detected by GST revenue authorities.
Tax authorities in India are in the trouble with the 34,000 crores goods and service tax collection whereas the government is thinking it as tax evasion done by the taxpayers.
CBEC Chairperson Vanaja Sarna told that income authorities will set up the camp in the nation for a fortnight starting from March 15 to ease the exporters’ GST refund woes.
The Directorate General of Safeguards has started an investigation and notified as well in 53 cases, as mentioned by the parliament.
In a statement released, the Bombay High Court has instructed the Maharashtra government and the Centre to provide solutions to the GST related issues of the citizens by April 24, 2018.
Recently in a finding of African tourism reports, it was suggested that in the year 2017, there were a lesser number of tourists from India visited Africa, probably due to the recent demonetisation and goods and services tax.
The government authorities have started many of the help desk and support services which have increased the overall credibility of the government authorities in the matter of goods and service tax.
