GSTN invites bid to profile taxpayers

The analytics company to be roped in will have the mandate for designing and developing a Fraud Analytics System.

GSTN to rope in private entities for tax payer profiling

GST Network has invited bids from private entities for "360-degree" profiling of taxpayers for early detection of fraud.

Council agreed to a proposal of buying out the stake of private entities to make GSTN a government-owned entity.

Currently, private financial institutions are the majority owners in GSTN with 51 per cent stake.

Data retrieved from e-way bills would also support the government build analytics around tax collections.

Platform has been made more robust and as many as 75 lakh inter-state e-way bills could be generated daily without any glitch.

An e-way bill is required for movement of goods worth more than Rs 50,000.

GSTR 3B returns, one-click filing has been introduced as no tile will be shown to such taxpayers.

Facility to revise Form GST TRAN-1 declaration has been introduced on GST Portal for taxpayers.

Till Saturday, about 12 lakh businesses had filed GSTR-2 returns for the month of July.