There are reports that many banquet-halls demand in cash for holding functions to evade GST and thus in turn Income Tax also. It should be made compulsory for each banquet-hall to submit complete details of functions held there to some authority to be especially set up for the purpose. Simultaneously all those conducting functions including marriage-celebrations should also file details of celebrations with the same authority. Specially developed software can match the data, and catch hold of those filing false returns. This data by the suggested authority can be shared with Income Tax Department and GST authorities. Even marriage-cards should have print-number of cards and other details about marriage-celebrations as decided by the authority suggested where functions-details are to be filed.
Perhaps a single reasonable GST-slab of ten-percent replacing 3, 5, 12 and 18 percent can curb tendency of tax-evasion. Provision of tax-evading Input-Tax-Credit then can be abolished from manufacturing and service sector thus resulting in increased ultimate tax-collection. However a higher slab of 25-percent can replace that of 28-percent for items to be used for long. Cess can also be replaced by GST-slabs in multiples of 50 or 100 percent for simplification.
MADHU AGRAWAL