Articles

Non-tax filing on rise in state since GST rollout

by Estartup India Grow Business With Us

Ever since the Goods and Services regime was executed on July 1, 2017, the commercial tax office has seen an 85% rise in the number of taxpayers who have halted filing returns. In this article, we will talk about Non-tax filing on increase in state since GST rollout.

Notification on Non-tax filing on rising in the state since GST rollout

The department has also observed a boost in the amount of cases where tax dues have persisted unpaid for the last four financial years.

Data tabled by the state during the endless committee session indicates that the number of tax evasion cases have also enhanced since 2017-2018.

Further, Chief minister Pramod Sawant, who also holds the finance portfolio released the data on tax defaulters and evasion in reaction to a question by Porvorim MLA Rohan Khaunte.

Regular assessment of non-filers and defaulters is attempted by this department to assess and recover the dues. The assessment up to 2016-2017 has been obtained and the assessment for 2017-2018 is in growth.

The commercial tax department has enrolled 59 cases of tax evasion in the new financial year for evasion in the early financial years.

Additional Notification by GST Portal

To regain dues and compile much-needed revenue for the state, Sawant has asked the department to specify important tax defaulters and to conduct search and seizure operations.

According to data, the number of taxpayers who did not file returns proceeded at 5,096 in 2017-18, but subsequently improved to 6,003 in 2019-20 and 9,459 in 2020-21.

Similarly, the number of assessed cases where tax dues were unpaid stood at 7,259 in 2017-18, rose to 8,242 in 2019-20 and has now settled at 7,745 cases in 2020-21. As per GST norms, failure to file returns for more than six months can direct to the cancellation of the GST registration.

In January 2021, officials of the commercial tax department inaugurated action against 77 defaulting firms from whom Rs 120 crore was recoverable by way of tax. Know more about Non-tax filing on rising in the state since GST rollout.


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Created on Apr 1st 2021 07:05. Viewed 234 times.

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