Maintain confidentiality in GST regime

The All India Tax Advocates’ Forum (AITAF) has urged Finance Minister Arun Jaitley to ensure confidentiality of the details furnished by the assesses with the tax authorities under the new tax regime of the Goods and Services Tax (GST).

“While framing the GST Rules, adequate safe guards of the information provided by the assessee like records, accounts, returns and statements to the tax under the new tax system must be ensured  and penal provision be made for unauthorised disclosure or leakage of such information,” AITAF President M K Gandhi said on Monday.

“Such a provision for protection of information submitted by assessee to the tax authorities already exists in the Delhi Value Added Tax Act,” the forum said in a statement.