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Consider the following statements regarding the Directorate General of GST Intelligence:
1. It functions under the Ministry of Commerce and Industry.
2. It has the power to conduct investigations into suspected cases of GST evasion.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding the Directorate General of...
The Directorate General of GST Intelligence (DGGI) is investigating Mahadev Online Book, an allegedly illegal betting application, and its promoters for suspected violation of GST rules and non-payment of tax.
  • The Directorate General of Central Excise Intelligence (DGCEI) now renamed as Directorate General of GST Intelligence (DGGI).
  • It is an apex intelligence organization functioning under the Central Board of Indirect Taxes & Customs, Department of Revenue, and Ministry of Finance.
  • It is entrusted with the task of collection, collation, and dissemination of intelligence relating to the evasion of Goods and Services Tax (GST) and the duties of Central Excise and Service Tax on an all India basis.
  • Functions of DGGI
  • Intelligence gathering: It is responsible for gathering intelligence about potential violations of the GST law. This includes collecting information from various sources, such as GST returns, financial statements, and other documents.
  • It develops intelligence, especially in new areas of tax evasion through its intelligence network across the country and disseminates such information, by issuing Modus Operandi Circulars and Alert Circulars to sensitize the field formations about the latest trends in duty evasion.
  • Investigation: It has the power to conduct investigations into suspected cases of GST evasion or non-compliance. This may involve summoning persons, examining records, and carrying out searches and seizures.
  • Enforcement: It is responsible for enforcing the provisions of the GST law. This includes taking legal action against offenders, imposing penalties, and recovering any taxes or duties due.
Hence only statement 2 is correct.
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Consider the following statements regarding the Directorate General of GST Intelligence:1. It functions under the Ministry of Commerce and Industry.2. It has the power to conduct investigations into suspected cases of GST evasion.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
Question Description
Consider the following statements regarding the Directorate General of GST Intelligence:1. It functions under the Ministry of Commerce and Industry.2. It has the power to conduct investigations into suspected cases of GST evasion.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding the Directorate General of GST Intelligence:1. It functions under the Ministry of Commerce and Industry.2. It has the power to conduct investigations into suspected cases of GST evasion.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding the Directorate General of GST Intelligence:1. It functions under the Ministry of Commerce and Industry.2. It has the power to conduct investigations into suspected cases of GST evasion.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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