Commercial tax commissionerate optimises VAT system in Gujarat
- Missing Malaysian jetliner: Plane's disappearance deliberate, says Malaysian PM
- Eyes on UP prize, Narendra Modi set for Varanasi
- Arrest warrant issued against Devyani Khobragade in US visa fraud case
- Unfazed, Arvind Kejriwal fires yet another salvo at media
- CRPF says police stalled its plan, may have averted Maoist ambush
In A significant move to optimise the Value Added Tax (VAT) revenues and modernise the tax administration system in Gujarat, the Commissionerate of Commercial Taxes (CCT) has implemented the VAT Information System (VATIS).
One of the most significant G2B (government to business)
e-governance initiative by the state government, it is aimed at cost effectiveness, revenue projection, effectiveness in tax administration, transparency in operation, widening of the tax net, controlling tax evasion and ensuring higher compliance levels.
Officials said that VATIS has other benefits as well. The tax department is able to establish an integrated view across taxes, measure employees' performance and smoothen 'document management' and 'file tracking system'.
For citizens, it means reduction in touch points, location
independence, 24x7 availability, data reliability, and quick remittance of refund and e-communication with the department for queries.
According to the CCT, the major achievement of VATIS has been the sustained improvements in VAT revenue collections.
Over 200 types of MIS reports have been made available to
the administrators for decision support.
The profiles of high tax paying dealers have also been made available through the portal, and over 40,000 use the e-return facility on a monthly basis.
Other major achievements include the VISIT project, which is a unique instant invoice matching for checking Input Tax Credit, and the MARG project for online submission of statutory forms with barcode receipts to establish green channel at all check posts.
P K Pujari, the Commissioner of Commercial Taxes in Gujarat, was unavailable for comments.
- BJP projected to sweep Gujarat, Rajasthan, Karnataka; Congress to get big jolt in Maharashtra
- Editors body slams Arvind Kejriwal for ‘irresponsible’ media remark, says it is a sign of ‘weakness’
- Trouble in alliance with Congress, TRS turns to BJP
- Minority panel removed my riot report against Modi: Ex-Secy