Finance Minister Sitharaman has instructed the CBIC to commence automated GST scrutiny 2023.

During a meeting on Saturday, Finance Minister Nirmala Sitharaman instructed the Central Board of Indirect Taxes & Customs (CBIC) to commence GST scrutiny 2023 and implement an automated GST return inspection mechanism by the following week

For the fiscal year 2022-23, the overall amount of Indirect Tax revenue collected was Rs 13.82 lakh crore, an increase from the Rs 12.89 lakh crore collected in the previous year, 2021-22. The mean gross monthly collection of GST for the fiscal year 2022-23 was Rs 1.51 lakh crore, and the monthly GST revenue collection exceeded Rs 1.4 lakh crore for 12 consecutive months.

During a review meeting with the CBIC, Sitharaman requested that the indirect tax agency carry out a thorough root cause analysis of fraudulent billing and claims of input tax credit by studying the various types of cases that have already been registered. She also urged them to recommend technology-based solutions to tackle this problem and prevent it from happening in the future.

The Finance Minister stressed the importance of continuously improving services for taxpayers. To address grievances, Sitharaman requested that the CBIC organize meetings with members of the trade and industry in each zone who are part of the GST ecosystem, to understand their concerns and suggestions. This would allow for the systematic identification of issues that can be resolved. Additionally, the Finance Minister instructed that a system be put in place to gather feedback on grievances that have been redressed, to enhance the quality of the redressal process.

The comprehensive review included various aspects of work, such as trade facilitation, taxpayer services, grievance redressal, completion of disciplinary cases, infrastructure projects, and the progress of the upcoming Palasamudram campus of the National Academy of Customs, Indirect Taxes & Narcotics (NACIN). The review meeting was attended by the Revenue Secretary, the CBIC Chairman, and other board members.

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