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Informative

Relief for industry and GST taxpayers as govt cracks down on GST demand notices

Update / Judgement Date

07 Jul 2024

Source

MSN

Author

Team — WCP Legal Desk

Reading Time

1 min read

GST

The government has decided that the Directorate General of GST Intelligence (DGGI) must now obtain approval from the Union Ministry of Finance before sending GST demand notices. This decision, reported by CNBC TV18, aims to reduce litigation, improve efficiency, and ease business processes. The DGGI will focus on investigations and inform the Central Board of Indirect Taxes and Customs (CBIC) of tax evasion cases for corrective actions.