Finance Minister Nirmala Sitharaman directs CBIC to implement action plan to increase taxpayer base through enhanced use of technology

Sakshi Education

Finance Minister Nirmala Sitharaman has directed the Central Board of Indirect Taxes and Customs (CBIC) to implement an action plan to increase the taxpayer base through enhanced use of technology.
During the meeting, the Finance Minister was briefed on the final revenue achievement in total Indirect Tax collections for 2022-23. It stood at Rs 13 lakh 82 thousand crore, as against Rs 12 lakh 89 thousand crore in 2021-22. On the GST side, the average gross monthly collection for the year 2022-23 stood at Rs one lakh 51 thousand crore. The monthly GST revenue collections exceeded Rs one lakh 40 thousand crore for 12 months in a row.
The comprehensive review covered a variety of work areas including trade facilitation, taxpayer services, grievance redressal of the trade, finalisation of disciplinary cases and infrastructure projects.
Ms Sitharaman emphasised the need for continuously improving taxpayer services. In order to intensify its drive against fake billing and Input Tax Credit, the Minister asked CBIC to undertake a comprehensive root cause analysis by studying the typology of cases already booked. She asked them to come up with recommendations on technology-based solutions to address the menace and prevent its occurrence.

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