The drive conducted by the Central and State tax administrations where they reached out to enterprises door-to-door to detect fake and suspicious Goods and Service Tax Identification Numbers (GSTINs) registrations is turning out to be quite successful. The Excise and Taxation Department has detected an ample number of fake GST returns filed by local dealers. In the city, there are over 23,000 GST merchants.
District Excise and Taxation Commissioner Rajwinder Kaur claimed that several local dealers were implicated in the failure to file GST filings. Five GSTINs with addresses where businesses were no longer being operated were found by the department.
In Amritsar, department representatives visited 84 commercial locations – two in Tarn Taran, eleven in Gurdaspur, and 19 in Pathankot. The Excise and Taxation Department used four key criteria to inspect the business locations of GSTIN holders thanks to the centralised network of the GST.
The following criteria are to be met: where the differences in filing the GST return exceeded Rs. 25 lacks; where the transaction was cancelled for fraudulent reasons; where the value of the goods purchased from taxpayers whose transactions were cancelled exceeds 75%; and where a list of GSTIN holders and their sale or purchase status was mentioned in multiple lists.
Why Govt Investigation is High on These Days?
The Indian government has taken several actions against GST defaulters as they are misusing government assets and harming technical systems. These defaulters are using fake techniques to cheat honest traders. Nowadays, the govt is using high skills and AI to weed out them in the GST system.
