HP to verify ‘dicey’ GST registrations

Shimla: In order to check the entry of fraudsters in the system, the State Taxes & Excise Department has set a target of hundred per cent approval of GST registrations in manual mode after proper verification of documents attached with the registration application. Further, the department is taking appropriate measures for physical verifications of registrants considered ‘dicey.’

The department spokesperson, in a statement issued on Sunday, said that state government has taken several ambitious steps to ensure financial discipline with a motive for improving the economic health of the state and many new initiatives have been taken in every sector to curb wasteful expenditure .

He said that with the objective of changing the system, the state government is steadily moving towards all-round development with new initiatives for enhancing the efficiency of the department. “The major issue being faced in Goods and Services Tax (GST) administrations across the country is containment of registrations by fraudulent people . The entry of these fraudulent people into the GST system results into huge loss to state exchequer. The department has long been engaged in identifying fraudulent tax evaders and ensuring timely actions. It has also been coordinating with Central tax authorities.”

 

Source::: THE TIMES OF INDIA,  dated 27/11/2023.