CBIC honours CliniExperts for Outstanding GST Compliance in FY 2023-24

CliniExperts has been awarded the Certificate of Appreciation by the Central Board of Indirect Taxes and Customs (CBIC), Ministry of Finance, Government of India. This award was presented to CliniExperts for their prompt and substantial payment of Goods and Services Tax (GST) during the financial year 2023-24.

Our Culture of Tax Practices & Commitment to Ethical practices

CliniExperts has implemented rigorous internal processes like maintaining thorough financial records and employing a dedicated team responsible for accurate and timely tax filings. The Central Board of Indirect Taxes and Customs undertakes data analytics exercises to identify taxpayers who make a substantial contribution to consistently making timely GST payments and filing tax returns.

CliniExperts has always prioritized transparency in all its financial dealings and complied with the mandates of CBIC each year for over a decade now. CliniExperts aims to maintain their high quality of work going ahead.

About the CBIC Certificate of Appreciation

The CBIC Certificate of Appreciation program acknowledges businesses that have remarkable adherence to GST regulations. The accounting department head commented “Receiving this recognition from CBIC is a source of motivation for the entire department to maintain their high standard of work and continue to adapt to the rapidly evolving GST regulations.”

Understanding the Impact of GST and the Role of CliniExperts

GST is a unified tax system that replaced multiple indirect taxes levied by the Central and State Governments. Under GST, both the Central and State governments share the authority to levy and collect taxes on goods and services. Timely GST payments are vital to the smooth functioning of the Indian Government. This harmonization and uniformity of tax structure has promoted economic integration and CliniExperts is recognized to be a notable contributor of the same.

Industry impact

CliniExperts operates as a leading clinical research organization (CRO) and Regulatory Services provider. The company has carved a niche for itself by offering expert guidance and support to their clients an unparalleled network of subject matters for over thirteen years now. A recognition from the Ministry of Finance solidifies CliniExperts’ reputation as a trusted partner in the industry and now, also as a responsible taxpayer business entity.

Leader Speak

“Receiving this Certificate of Appreciation is a proud moment for all of us at CliniExperts. It has acknowledged our efforts to maintain the compliance standards and make our contribution to the nation’s fiscal health. The Certificate of Appreciation is a testament to the hard work and diligence of our accounting team.“

Dr. Ashwini Kumar

“We are going to continue to refine and improve our GST compliance practices and are very thankful for this recognition”

Ms. Rashmi Verma

References

1. https://www.ascgroup.in/cbic-to-issue-certificates-of-appreciation-to-honour-contributions-of-taxpayers/#:~:text=a%20data%20analytics%20exercise
2. https://gstcouncil.gov.in/about-us#:~:text=GST%20is%20a,promoting%20economic%20integration