In line with the successful implementation of the faceless assessment by the Income Tax department, EEPC India has proposed to the government to roll out a faceless GST audit focusing on empowering the MSME sector. The faceless GST audit system, by using technology and ensuring anonymity, will reduce compliance costs. A faceless system will streamline procedures allowing MSMEs to focus on growth and innovation.
In line with the successful implementation of the faceless assessment by the Income Tax department, EEPC India has proposed to the government to roll out a faceless GST audit focusing on empowering the MSME sector. The faceless GST audit system, by using technology and ensuring anonymity, will reduce compliance costs. A faceless system will streamline procedures allowing MSMEs to focus on growth and innovation.