No scope of under-invoicing

The taxpayer will have to give sales details to the tax department and hence, there will be no scope of under-invoicing as over a period of time, all data will go to the tax department.

CAIT National President B C Bhartia said that since GST registration is PAN based, so the government will get to know how many traders have not registered from its own database. "The purchase ledger of traders is with the government. So by under-reporting of sales, if stocks start piling up, the tax department will ask why are you purchasing? With so much data, it will become difficult to evade taxes," Bhartia reasoned. He said last-mile disposal by an importer will come under the tax lens through Integrated GST and hence, under-billing will become difficult.

Source - [15-10-2016]