Tax-man's arsenal

Tax-man's new terminology -

•  Plug revenue leakage, 
• Detect custom duty and service tax evasion
• The detection through the Directorate General of Central Excise Intelligence (DGCEI)
• And trough Directorate General of Revenue Intelligence (DRI)
•  The two leading financial intelligence agencies under the Revenue department of the Ministry
• The Financial Intelligence Unit-India (FIU), an agency tasked with analysing and disseminating information relating to dubious exchanges,
• Track Suspicious Transaction Reports (STRs) through DGCEI and  DRI
• Direct tax evasion
• Track dubious banking transactions,
• Track  funds remitted through banking channels 
• Transactions by various importers and exporters using bogus invoices should be extensively investigated, physically, on-line, electronically.
• Act on the intelligence following suspicious Cash Transaction Reports (CTRs), 
• Detected possible diversion of duty-free imported goods .
• Engage revenue friendly legal minds