29 Oct 2024        12:03:00 pm

Economics

Directorate General of GST Intelligence (DGGI):

Tags : Directorate General of GST Intelligence (DGGI):

Topic:  Taxation

Why in the news?

• GST investigation arm DGGI has suggested reciprocal arrangements with foreign governments for information sharing and enforcement measures and to block websites to prevent tax evasion in OIDAR services like e-gaming and online education. 
• This has been necessitated as DGGI has noticed that there are entities, including online casinos that are based out of tax havens and those which operate through offshore VPNs and cloud-based platforms. 

Source: The Hindu 

About Directorate General of GST Intelligence: 

• The Directorate General of Central Excise Intelligence (DGCEI) now renamed as Directorate General of GST Intelligence (DGGI).
• It is an apex intelligence organization functioning under the Central Board of Indirect Taxes & Customs, Department of Revenue, and Ministry of Finance.
• It is entrusted with the task of collection, collation, and dissemination of intelligence relating to the evasion of Goods and ServicesTax (GST) and the duties of Central Excise and Service Tax on an all India basis.
• Functions of DGGI:
  • Intelligence gathering: It is responsible for gathering intelligence about potential violations of the GST law. This includes collecting information from various sources, such as GST returns, financial statements, and other documents.
  • It develops intelligence, especially in new areas of tax evasion through its intelligence network across the country and disseminates such information, by issuing Modus Operandi Circulars and Alert Circulars to sensitize the field formations about the latest trends in duty evasion.
  • Investigation: It has the power to conduct investigations into suspected cases of GST evasion or non-compliance. This may involve summoning persons, examining records, and carrying out searches and seizures.
  • Enforcement: It is responsible for enforcing the provisions of the GST law. This includes taking legal action against offenders, imposing penalties, and recovering any taxes or duties due. 

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