Tax officers asked to focus on revenue augmentation, optimal use of technology, 100% return filing
JAMMU: Commissioner State Taxes Department (STD), P.K Bhat alongwith Special Secretary, Finance department, K.K Sidha today jointly chaired a meeting at Excise and Taxation Complex here to review the financial position in first quarter of fiscal year 2024-25 ending this June.
Additional Commissioner Administration & Enforcement, Jammu, Namrita Dogra; Deputy Commissioners of STD, Assistant Commissioners of STD and all the State Tax Officers (STO’s) of Jammu division were presented in the meeting.
During the meeting, the Tax officers of Jammu and Kashmir have been instructed to take strict action against cases of tax evasion, tax leakage and tax pilferage in the Union Territory for revenue augmentation besides ensuring 100% compliance in return filing by registered taxpayers.
Addressing the meeting, Commissioner STD expressed his concerns over dip in revenue collection in first quarter and directed tax officers to gear-up for remaining three quarters, where at-least 20% hike is expected from each circle to meet the revenue targets of FY 2024-25.
The Commissioner instructed officers for usage of analytical portal provided to officers to detect cases of tax evasion. He stressed on the enhanced usability of the GST portal by all the concerned officers as there are many indicators which could help in early detection of any fraudulent activity.
Special Secretary, Finance K.K. Sidha, advised the officers to get familiar with type of dealers pertaining to their circles thoroughly as it is most important to know the basic fabric of revenue stream. He also stressed the officers to increase the field activity and make taxpayers aware of consequences of non-compliance and tax evasions with a view to create deterrence amongst the taxpayers.
The Special Secretary stressed on proactive information sharing amongst various wings of the department to detect tax evasion and revenue leakage cases. He directed the officers to ensure compliance in sectors like banquet halls, catering business, tuition centers, car accessory and modification shops where business is primarily done on a cash receipt and not on proper GST invoice.
He asked the enforcement wings to intensify their field actions and take appropriate measure to curb undervaluation with special focus outer and remote areas. He impressed the officers of enforcements wings to make workable rosters for area and trade specific enforcements.
During the meeting, Namrita Dogra gave a presentation showing circle wise performance of each tax circle. The performance of Deputy Commissioners of Enforcement Wings and Stamps were also discussed in the detail.
During the meeting focus was also laid on revenue augmentation, proper scrutiny and tracking of E-way bills, optimal use of technology for assessment of red flags, aggressively following the cases where huge chunk of tax amount got choked, tax evasion and Input Tax Credit mismatch cases.