EEPC India bats for 'faceless' GST audit system
The Engineering Export Promotion Council (EEPC) in India has proposed a faceless GST audit system to enhance ease of doing business. This system aims to reduce compliance costs for MSMEs and improve India's attractiveness to foreign investors by s...

"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," said Pankaj Chadha, chairman of EEPC India.
The proposal is a part of EEPC India's Budget 2025 recommendation.
By introducing a "faceless" GST audit system, India can further improve its ranking in the Ease of Doing Business index, making it a more attractive destination for foreign investors, it said.
It also proposed that Reverse Charge Mechanism (RCM) related liabilities should be eligible for the 'Amnesty Scheme' to address challenges faced by exporters, who may be unaware of foreign bank charges and foreign business services.
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