Friday, Nov 8 2024 | Time 05:11 Hrs(IST)
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States » North


Fake ITC Claims: JKSTD initiates special drive

Jammu, May 29 (UNI) Jammu and Kashmir State Taxes Department (JKSTD) on Wednesday initiated a special drive against the practice of claiming fake Input Tax Credit (ITC) to plug the leakage in Government revenue.
As per officials, the drive was carried at various business units across Jammu simultaneously by jurisdictional officers under supervision of Additional Commissioner (Administration and Enforcement) Namrita Dogra and overall directions of Commissioner State Taxes, J&K, P K Bhat.
The official spokesperson said that suspected dealers have been identified after a thorough scrutiny of transactional history with the help of advanced technical tools for data analytics besides using its intelligence network across the country to collect such information.
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