While addressing a State-level Seminar on Goods and Services Taxes (GST), the Revenue Secretary Hasmukh Adhia said that the Government is taking all possible efforts to make the GST system “full proof” with the help of technology to check all possibilities of tax evasion.
“GST is an end-to-end IT-based tax system, he said.
“A technology-based tax system will prevent tax evasion. We are also making efforts in the direction of making it more simple,” Adhia said.
He further said that the current GST regime is more business friendly.
Stating the new taxation regime is more business-friendly, he noted that a businessman doesn’t want to evade tax provided three things are according to his desire, which includes appropriate tax calculation, the tax should be reasonable, it protects his interests.
He further cited the example of Chattisgarh and said that the credit for the successful rollout of GST in the state goes to businessmen of the state.
There was the situation of uncertainty and anxiety when GST was introduced on July 1 last but gradually all basic problems which had arisen during the initial stages were overcome. Strong political will coupled with efforts of the Central and state officials have led to the effective implementation of GST, he said.
He further said that after the rollout of GST, the revenue shortfall in the State became 29 percent from 49 percent. Thanks to the GST, he said.
He also said the state average of filing returns is 57 percent while the national average is 67 percent.
