Crunching the latest in tech news and innovation.

Breaking

Sunday, May 14, 2023

Automated GST scrutiny module roll out, here's what it means

The Central Board of Indirect Taxes & Customs (CBIC) has launched an Automated Return Scrutiny Module for GST returns in the ACES-GST backend application for Central Tax Officers. This new module aims to bring down tax discrepancies by displaying discrepancies based on data analytics and risks associated with a return to the tax officers. The tax officers can interact with taxpayers through the GSTN Common Portal using a workflow provided to them. It has started with the scrutiny of GST returns for FY 2019-20 and the requisite data for the purpose has already been made available on the officers’ dashboard.

from Gadgets Now https://ift.tt/8DCiyox
via IFTTT

Gadgets 360

Featured Video