Empowering MSMEs with News & Insights

Intelligence based enforcement action by two authorities will complicate the taxation system: CAIT

Updated: Oct 20, 2018 10:58:32am
image

Intelligence based enforcement action by two authorities will complicate the taxation system: CAIT

New Delhi, Oct 20 (KNN) The decision of the GST Council allowing jurisdiction to central as well as state tax administration over assesses not only allows overlapping of jurisdiction and harassment of traders but will also complicate the taxation system, said Confederation of All India Traders Association (CAIT).

Seeking Finance Minister Arun Jaitley’s intervention in the matter, CAIT in the letter to Jaitley pointed out that assessment by two authorities at any given point of time will flout the principle of ease of doing business and traders will find it difficult to comply with the prescribed rules and regulations being answerable to two tax authorities.

CAIT wrote “We request you to please look into the matter in the light of its adverse ramifications and urge the GST Council to reconsider its decision and allow only one authority to have jurisdiction on assesses.”

Earlier this month, the Central Board of Indirect Taxes and Customs, in a communication to field formations, had asked tax officials of the Centre as well as state governments to initiate intelligence based enforcement actions against GST evaders irrespective of jurisdiction with a view to checking revenue leakage. 

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *