CEO Office, GSTN

𝐏𝐢𝐨𝐧𝐞𝐞𝐫𝐢𝐧𝐠 𝐂𝐨𝐥𝐥𝐚𝐛𝐨𝐫𝐚𝐭𝐢𝐨𝐧: 𝐆𝐒𝐓𝐍 𝐚𝐧𝐝 𝐍𝐀𝐂𝐈𝐍’𝐬 𝐆𝐫𝐨𝐮𝐧𝐝𝐛𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐖𝐨𝐫𝐤𝐬𝐡𝐨𝐩 𝐨𝐧 𝐁𝐢𝐠 𝐃𝐚𝐭𝐚 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐬 𝐟𝐨𝐫 𝐓𝐚𝐱 𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 Sh. Manish Kumar Sinha, CEO, GSTN delivered the inaugural speech at the three-day workshop ‘विश्लेषण (BO & Analytics)’ for Tax administrators. The workshop was jointly organized by National Academy of Customs, Indirect Taxes & Narcotics (NACIN) and Goods And Services Tax Network (GSTN) from 3rd to 5th October 2024, in Vadodara. In his inaugural speech, Mr. Sinha emphasised the collaborative efforts among different agencies and underlined the recent enhancements in the GST system. The workshop was held under the guidance of the Principal Director General (Pr DG) of NACIN and was attended by 41 Principal Commissioners and Commissioners from across India. One of the key highlights of the workshop was that for the first time, agencies working on big data came together on a single platform. This collaboration aimed to enhance the use of big data analytics in tax administration, improving efficiency and compliance. Mr. Dheeraj Rastogi, Principal Commissioner, Customs (Imports) presented a comprehensive overview of Business Intelligence and Data Analytics (BIFA). Many other senior officers from NACIN, NIC, GSTN and other agencies also shared their knowledge and learnings at the workshop which provided a platform for extensive training and knowledge sharing among senior tax officials. National Informatics Centre, MeitY #NACIN #GSTN #BigData #BIFA #GST #Workshop #Compliance #विश्लेषण #Collabaration

Technology is playing a crucial role in governance: CEO, GSTN 1️⃣ In the past, technology was only a peripheral event in compliance and governance, but now it has become central to governance. 2️⃣ Technology has digitally connected the government and citizens, allowing for the convenient and efficient delivery of services without the need to physically visit the office. 3️⃣ In a data-driven world, analytics is significantly aiding governments in creating data-driven policies for the welfare of the people. 4️⃣ GSTN is committed to elevating its technology journey to the next level. Sh. Manish Kumar Sinha, CEO, Goods And Services Tax Network shared these thoughts during the launch of the book "India’s Odyssey: From a Developing Country to an Emerging Superpower" authored by Sh. Pratap Singh, on 01st June 2024 at New Delhi. Sh. Sinha was invited as a guest at the event. Earlier, Sh. Amitabh Kant Former CEO of NITI Aayog, shared his views as the chief guest and keynote speaker at the event, on the spectacular progress of India in the last 10 years. #Technology #Governance #GST #GSTN #Services

AI is a good servant, but bad master: CEO, GSTN In the realm of Business Intelligence and Fraud Analytics (BIFA), the Goods And Services Tax Network (GSTN) stands to gain immensely from Artificial Intelligence (AI). AI can streamline data analysis, detect fraud patterns, and predict future trends, thus ensuring compliance and safeguarding revenue. Speaking at the Data for AI Summit 2024 organized by Infosys on 3rd April 2024 at Bengaluru, Mr. Manish Kumar Sinha (IRS), CEO, GSTN said Artificial Intelligence (AI) has a potential to revolutionize the GSTN’s approach to BIFA. The BIFA unit of GSTN, established in 2019, utilizes AI/ML models alongside BI tools to analyze vast datasets, improving tax evasion detection and revenue assurance. By adopting AI, GSTN is in process of automating routine tasks, freeing up resources for more complex analysis. Moreover, AI’s predictive capabilities are aiding in strategic decision-making, offering a competitive edge in a digital-first economy. Thus, by embracing AI, GSTN is set to transform BIFA, driving efficiency, accuracy, and innovation in India’s tax administration. However, while integrating AI into BIFA, GSTN is cautious due to the certain limitations of AI. Ensuring data privacy, unbiased algorithms, and maintaining transparency are equally important to GSTN. Hence, regular accuracy checks, robust security, ethical usage, and human oversight are crucial. Adapting to evolving technology while respecting taxpayers’ rights for privacy and fairness is the goal GSTN aspires to achieve. #Artificial_Intelligence #AI #Data_Privacy #GST #GSTN #Machine_Learning

👨🏻💻Embracing Technology: The Transformation of GST Collection 📈 🎙️During the interaction at India Investors Conference organized by Citi India, on 12th March 2024 in Mumbai, Mr. Manish Kumar Sinha, CEO, GSTN shared his thoughts on GSTN’s role in transformation of GST collection. A few excerpts: 🔹In the realm of indirect taxation in India, the Goods And Services Tax Network has been a game-changer, revolutionizing the way we perceive and manage taxes. With over 1.44 crore registered Taxpayers, the GST system architecture has been pivotal in integrating technology to streamline processes and enhance compliance. 🔸With 2.2 crore returns filed and 40 lakh payment transactions processed each month, the system’s efficiency is clear. Also, the 9 crore e-way bills generated monthly underscore the system’s capacity to handle vast volumes of data seamlessly. 📃Moreover, the 20 crore e-invoices reported monthly highlight the efficiency of the GST system. It's a powerhouse of data, driving compliance improvement by design. The role of technology in this record GST collection cannot be overstated. ⏩As we move forward, the GSTN continues to be a beacon of transformation, showcasing how technology can be leveraged to create a robust and transparent tax system. Let's celebrate the success and strive for even greater heights in fiscal excellence. #GST #GSTN #TechnologyInTaxation #EconomicGrowth #ComplianceByDesign #DigitalInfrastructure #TransformationInTaxation #IndiaInvestorConference2024 Surendra Goyal