Difficulties for those who make mistakes in GST increased, SoP issued for scrutiny of GST returns
New SOP has been issued for GST scrutiny. After this, data analytics and risk factors will be used for scrutiny of GST returns. An officer has to scrutinize at least four GST returns.
The Central Board of Indirect Taxes and Customs (CBIC) has issued SOP for scrutiny of GST returns for the financial year 2019-20 and thereafter. These will be used by the Analytics Unit of GST for scrutiny of GST returns based on different types of risk.
As per the SOP, the GST returns for scrutiny will be selected by the Directorate General of Analytics and Risk Management (DGARM). Only GSTINs registered with Central Tax Authorities will be selected by DGARM. Thereafter all the information related to the selected GSTIN will be reflected on the Scrutiny Dashboard of the Central Tax Officer attached to it.
Earlier this month, CBIC had said that an automatic module would soon be prepared for scrutiny of GST returns.
With the introduction of the automatic module, the system will identify GST returns for scrutiny based on risk and data analytics. This will also make it easier for tax officials to select GST returns for scrutiny. A tax officer has to scrutinize at least four returns every month.
Explain, under the scrutiny of GST returns, the tax officer examines the returns filed on behalf of any taxpayer on the basis of some risk parameters and sees whether the GST returns have been filed according to the rules or not. If any discrepancy is found in this, then a response is sought from Traxpayer on behalf of the GST officer.