BENGALURU: From now on, data of GST defaulters detected through the Business Intelligence tool will be shared with the state government, said Sushil Kumar Modi, who heads the group of ministers (GoM) in GST Network. The BI tool will be used to monitor every transaction of a trader, and the data obtained of the GST tax defaulters will be shared with respective Commercial Tax department of each state government. The tool is expected to monitor and identify tax defaulters.
Sushil said the BI tool will act like a third eye which monitors every transaction of the trader, right from buying the raw material to selling the products to the end user. Modi said that the discrepancies in filing of returns can be identified readily with the new system. The same would be shared with the Commercial Tax department of the respective state government to book the culprits. Some states have started to take action and warned the traders.