Automated GST Return Scrutiny: FM Sitharaman Asks CBIC To Start The System From Next Week

In a review meeting with the Central Board of Indirect Taxes & Customs (CBIC), Finance Minister Nirmala Sitharaman asked the tax authorities to introduce an automated GST return scrutiny system by next week.

She also urged the indirect tax department to do a comprehensive study of the typology of cases in order to intensify the drive against fake billing/input tax credit under the Goods and Services Tax (GST) regime and take measures to increase the taxpayer base.

The total Indirect tax collections for the financial year 2022-23 stood at Rs 13.82 lakh crore, up from Rs 12.89 lakh crore in 2021-22 but slightly lower than the revised estimate of Rs 13.85 lakh crore for FY23.

“The Finance Minister directed CBIC to introduce its automated GST return scrutiny by next week and to implement an action plan to increase the taxpayer base through enhanced use of technology.

In order to intensify its drive against fake billing/Input Tax Credit (ITC), Smt. Sitharaman desired that CBIC may undertake a comprehensive root cause analysis by studying the typology of cases already booked and

come up with recommendations on technology based solutions to address the menace and prevent its occurrence,” a Finance Ministry statement said.