Advanced Analytics in Indirect Taxation by Central Board of Indirect Taxes & Customs

The Central Board of Indirect Taxes & Customs in India leverages technology through ADVAIT to provide near real-time data capture, predictive analytics, and fraud detection in the realm of indirect taxation. This initiative enhances taxpayer service with cutting-edge data visualization, mobile access, and self-service business intelligence. ADVAIT also offers advanced features like entity profiling, network analytics, and pattern recognition, contributing to improved tax policy formulation and regulatory compliance.

• Analytics
• Taxation
• Technology
• India
• Central Board

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Uploaded on Mar 27, 2024 | 2 Views

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1. CENTRAL BOARD OF INDIRECT TAXES & CUSTOMS Department of Revenue, Ministry of Finance, Government of India ADVAIT-Advanced Analytics in Indirect Taxation Directorate General of Systems & Data Management Leveraging Technology for Serving Taxpayers

2. ADVAIT Features Near real time Data Capture and Exchange Predictive & Fraud Analytics State of Art Data Visualization Analytics on GST Access on Mobile Devices Enhanced Self Service BI Big Data Data Science Lab Text Mining, Forecasting, Data Matching 360 degree Entity Profiling Network Analytics Pattern recognition

3. ADVAIT Business Output Live Functionalities Analytical 50+ 30 450+ Reports Dashboards Models Total Count E&O Phase Development Phase

4. ADVAIT Users Reports to Reports to DGGI, CBI, ED, SFIO, NCB DAY TO DAY REQUESTS, ADHOC REPORTS, SFIO,NCB Data requests CBDT, NATGRID GOLD, COAL, PULSES, FERTILIZERS DATA Data shared with CAG and for RTIs and PQs GOVT. INPUTS FOR BUDGET FORMULATION, CALCULATION OF RISK SCORES FOR AUDIT PLANNING AND TAX POLICY FORMULATION REGULATORY AGENCIES NPPA, DG TRADE REMEDIES, DCGI, e.g., INPUTS FOR PRICE-CAPPING OF MEDICAL DEVICES SENT TO NPPA

5. Technological Enablement

6. GST Dashboards

7. GST Data Science Models

8. GST Reports Category Count Category Count Registration 12 E-Way bills 7 Returns 16 Summarized 5 ITC 14 HSN 6 Turnover 19 Refund 4 Tax Payment 19 Audit 2 Miscellaneous 6 Range 19

9. Registration 9

10. Pre AARM

11. Pre AARM

12. Registration related reports

13. Returns 14

14. Analytical Reports on Returns

15. For Fraud Detection 18

16. Suspicious network / Network analytics

17. Circular Trade

18. Trade Flow Network

19. Compliance (alert) dashboard

20. Commodity Level Analytics 25

21. HSN Trade Flow

22. HSN wise cash ITC ratio

23. Output HSN to Input HSN mapping

24. HSN Reports

25. For Scrutiny/Audit/Assessments 32

26. KYT Dashboard and Entity Dashboard

27. KYT Dashboard and Entity Dashboard

28. Thank You 38