Reach out to non-filers of GST returns: CBEC to field offices
The tax department has directed its field offices to reach out to businesses that have not filed returns under the goods and services tax (GST), but were paying taxes in the erstwhile service tax/valueadded tax (VAT) regime.The Central Board of Excise and Customs (CBEC) has shared the zonewise data of businesses under the GST with regional commissioners to handhold them in case they are facing difficulty while filing returns under the new indirect tax regime.
The CBEC is the apex decisionmaking body for policies relating to indirect taxes.About 10 million businesses have registered themselves on the GST Network.Of this, 7.2 million have migrated from the erstwhile excise, service tax, and VAT regime.Under the GST, businesses with turnover of up to Rs 20 lakh are exempt.
The CBEC is the apex decisionmaking body for policies relating to indirect taxes.About 10 million businesses have registered themselves on the GST Network.Of this, 7.2 million have migrated from the erstwhile excise, service tax, and VAT regime.Under the GST, businesses with turnover of up to Rs 20 lakh are exempt.
The Business Standard, New Delhi, 14th November 2017
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