Sms Alerts For Discrepancies In Returns Filed, Gst Non-payment

Jul 13, 2019 By Admin

The GSTN is working on a system whereby SMS alerts will be sent to the Directors, Promoters and Proprietors through automated system in case of any default in payment of tax, filing of returns or mismatch in ITC Claims by the business entities. Once the GST system generates "Red Flag" alerts, along with the SMS alerts, the information will also be shared with the revenue department to alert taxmen to take appropriate action.

Any difference b/w GSTR-3B and GSTR-1, GSTR-3B and e-way bill, the SMSes will not only go to the authorized signatories, but also to the Business Owner(s). The system would generate "red flags" for default in payment of tax and non-filing of GSTR-3B, and mismatch in the Input Tax Credit (ITC) claimed by businesses with regard to the returns filed by the supplier.

Discrepancy in GSTR-3B (summary returns) and GSTR-1 (supplies return), and generating e-way bill but not filing returns, are also the parameters based on which alerts are generated. Once the alerts are generated by the system, the SMSes are sent to the promoter and directors three days after the due date of filing of monthly Goods and Services Tax (GST) returns.

The move is being dubbed as an anti-evasion step; the system will further be sharing information with the tax authorities about businesses, which have not filed returns for last 2-3 consecutive months. The new move further shows the government’s intent of tightening the noose around the tax evaders and brings them to books.

Published by: RAKESH KANWAR & CO.
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