Union Finance Minister Nirmala Sitharaman is set to inaugurate a one-day National Conference of Enforcement Chiefs of State and Central GST formations in New Delhi on Monday, March 4, 2024.
The conference, organised by the Department of Revenue under the Ministry of Finance, marks a significant step in strengthening the enforcement mechanism in Goods and Services Tax (GST), revealed the Ministry of Finance in a public statement.
The conference will see Union Minister of State for Finance, Pankaj Chaudhary, in attendance, and promises a comprehensive deliberation on several key issues.
These include combating GST evasion and fake invoicing, two primary forms of GST evasion. The conference will delve into successful methodologies employed by both State and Central enforcement authorities to combat these issues collaboratively.
The conference will also focus on sharing best practices, with presentations by State and Central enforcement heads showcasing their most successful strategies and innovative approaches for tackling tax evasion.
The potential of advanced technological tools and data analytics to enhance the accuracy and efficiency of enforcement efforts will be explored.
The conference will also discuss striking a crucial equilibrium between facilitating a smooth business environment and implementing effective, deterrent enforcement measures.
(Edited by : Vivek Dubey)
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