Goods and Services Tax (GST) officers are using data analytics to ascertain if the entire supply chain in a particular sector is paying adequate GST or if there is a missing link, an official said, reported Press Trust of India.
With GST evasion of over ₹1 lakh crore detected in the last fiscal ended March 31, the Directorate General of GST Intelligence has stepped up efforts to catch evasion at the initial stage itself so that compliance improves.
“We are using ‘end-to-end’ analytics for a sector and ‘gap analysis’ of the taxes paid in a supply chain to ascertain if the entire value chain is paying adequate GST or if there is a missing link,” the official said, the report added.
The data analysis includes comparisons of the tax payment profile of a particular sector vis-a-vis the erstwhile excise and service tax regime. “Now that GST system has stabilised, the effort is to further streamline it. We want to ascertain if all the sectors which are covered under GST are paying their due share of taxes,” an official said, as per the report.
