Centre for Studies in Public Finance
Activities
Domain specific training for officers of the Excise & Taxation Department, Punjab(November-December 2011)
Background
One of the concepts accompanying the latest shift in governance during the last decade is that there should be minimum interface between the stakeholder and departmental authorities. In Punjab VAT Act, implemented w.e.f. April 1, 2005, this concept manifested itself in abolition of 'assessment by Tax Authorities in the presence of the dealer' replacing it by 'self assessment by the tax payer himself'. In this new type of arrangement, chance of tax evasion through manipulation of account books increased manifold. Thus, a need was felt to impart training to the officers of the department to tackle this menace. To curb the tendency of manipulation of account books for evasion of tax, a three day training programme for the officers of the Excise & Taxation Department was conducted from 19-21 October, 2011 by the Centre for Studies in Public Finance. This programme was sponsored by the Department of Personnel and Training, GoI.
Major Contents of the Training related to detection and prevention of evasion of tax by reading the financial statements filed by the dealer and making use of various accounting ratios. Checking of evasion of VAT on goods transported through Railways in the light of 'Report of Joint Committee of the Ministry of Railways and Department of Revenue, GoI' was another important component of the programme. Apart from this, detection of fraud and evasion while conducting audit/ scrutiny of returns, recovery of arrears under the Punjab Land Revenue Act, checking of goods in transit, checking of business premises of a taxable person were topics which comprised major part of the training programme. Participants were also addressed by the heads of ARD, ATD & CAC.
Faculty for conduct of training consisted of the best IAS officers(serving & retired), CAs, advocates and retired officers of the E&T Department of Punjab. It was a domain spheric training programme and it was ensured that an absolute learning environment is provided to the trainees. Feedback received from the participants was excellent. They termed it as a very useful programme that will help in practical application of the VAT Act and will go a long way in containing evasion and generating additional revenue for the State.
Contact: Shri Taranjeet Singh, Faculty I/C, CSPF, E-mail: publicfinance@mgispap.org
One of the concepts accompanying the latest shift in governance during the last decade is that there should be minimum interface between the stakeholder and departmental authorities. In Punjab VAT Act, implemented w.e.f. April 1, 2005, this concept manifested itself in abolition of 'assessment by Tax Authorities in the presence of the dealer' replacing it by 'self assessment by the tax payer himself'. In this new type of arrangement, chance of tax evasion through manipulation of account books increased manifold. Thus, a need was felt to impart training to the officers of the department to tackle this menace. To curb the tendency of manipulation of account books for evasion of tax, a three day training programme for the officers of the Excise & Taxation Department was conducted from 19-21 October, 2011 by the Centre for Studies in Public Finance. This programme was sponsored by the Department of Personnel and Training, GoI.
Major Contents of the Training related to detection and prevention of evasion of tax by reading the financial statements filed by the dealer and making use of various accounting ratios. Checking of evasion of VAT on goods transported through Railways in the light of 'Report of Joint Committee of the Ministry of Railways and Department of Revenue, GoI' was another important component of the programme. Apart from this, detection of fraud and evasion while conducting audit/ scrutiny of returns, recovery of arrears under the Punjab Land Revenue Act, checking of goods in transit, checking of business premises of a taxable person were topics which comprised major part of the training programme. Participants were also addressed by the heads of ARD, ATD & CAC.
Faculty for conduct of training consisted of the best IAS officers(serving & retired), CAs, advocates and retired officers of the E&T Department of Punjab. It was a domain spheric training programme and it was ensured that an absolute learning environment is provided to the trainees. Feedback received from the participants was excellent. They termed it as a very useful programme that will help in practical application of the VAT Act and will go a long way in containing evasion and generating additional revenue for the State.
Contact: Shri Taranjeet Singh, Faculty I/C, CSPF, E-mail: publicfinance@mgispap.org
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