Authorities are demanding 12 documents from traders to check and check GST theft. All the same, documents belong to FY 2017-18 when the Goods and Services Tax (GST) system was introduced. Officials say this may help in the investigation of GST theft cases. This move of officials has caused panic among businessmen. Traders are calling this an arbitrary move. Central GST officers have asked for documents like GST Return, GST Registration Certificate, Copy of Annual Report, Income Tax Return, Cost Report, Tax, and Internal Audit, Cash Ledger and Work Order. Some experts say that many documents are already with the department. In such a situation, their demand again is justified.

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Apart from this, Bipin Sapra, partner of Ernst & Young, said, 'Audit should be done if something suspicious is found in the return filed. Many of the information that is being sought is already with the authorities. Many big companies have registered in more than one state and it is very difficult to audit every year in every state. There is a need to create a central system of audit of these records to increase the ease of doing business. '' It is noteworthy that GST collection has consistently remained below the government's target. In such a situation, the pressure has increased on the officials to achieve the target of GST collection fixed in the current financial year. To achieve the target, the authorities are repeatedly engaged in curbing cases of tax evasion.

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Apart from this, removing the gaps in the system is also a priority for the officials. The same week, the Revenue Department convened a meeting of senior GST officials of the Center and states. A nine-point strategy was devised at the meeting to address the gaps in the GST regime. Archit Gupta, founder, and CEO of Clear Tax said, “Technology needs to be emphasized to increase tax compliance. Harassing taxpayers may not provide much benefit, but improvements in technology will yield good results. The government is soon preparing to bring the rule that input tax credit should not exceed 10 percent. In such a situation, the taxpayers will have to move towards technology.

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