Directorate formed to flag high-risk areas in Customs, GST
13 July 2017 6:31 PM GMT
The government has set up a new wing to provide intelligence inputs and do big data analytics for taxmen for better policy formulation and taking action against tax evaders.
The Directorate General of Analytics and Risk Management (DGARM) will be under the Central Board of Excise and Customs (CBEC), mainly to use internal and external sources for detailed data mining to generate actionable inputs, the revenue department said in an office memorandum.
The DGARM, which was set up on July 1 coinciding with the rollout of the Goods and Services Tax (GST), has four verticals headed by an official of rank of additional director general (ADG) or principal ADG.
It will function as an apex body of CBEC for data analytics and risk management and will report to the chairman, CBEC.
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