CBIC proposes mandatory GST scrutiny on quarterly basis
The Central Board of Indirect Taxes and Customs ( CBIC ) has proposed mandatory Goods and Service Tax ( GST ) scrutiny on a quarterly basis to enhance compliance through effective and standardised scrutiny of returns. "CBIC to soon introduce mandatory quarterly scrutiny of GST returns. Scrutiny exercise is aimed at better compliance and enhancement of GST collections," reported CNBC-TV18, citing s…