Clipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-makes-aadhaar-authentication-of-taxpayers-mandatory-for-claiming-gst-refund/articleshow/86509286.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis The notification states that from January 1, 2022, businesses who have defaulted in filing summary return and paying monthly GST will not be
Category: GST
GST: Not all intermediaries out of the woods, will continue legal tussle against government – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-not-all-intermediaries-out-of-the-woods-will-continue-legal-tussle-against-government/articleshow/86502773.cmsSynopsis These intermediaries say that they have been left out of the recent clarification by the government and that they will continue their legal
A time to introspect: The Hindu Editorial on Centre-State dialogue and GST – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/a-time-to-introspect-the-hindu-editorial-on-centre-state-dialogue-and-gst/article36619857.ece More Centre-State deliberations needed with GST regime at a critical turning point At its first physical meeting during the pandemic, the GST Council approved
Down the shutters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/the-anti-profiteering-authority-has-served-its-purpose-and-shouldnt-be-given-extensions/article36655126.ece?homepage=true Now that the ecosystem has adapted to GST, the NAA can be eased out – KVS Giri Now that the ecosystem has adapted
Stricter regime for non-filers of GST returns: Tarun Bajaj – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/stricter-regime-for-non-filers-of-gst-returns-tarun-bajaj/article36655912.ece Revenue Secretary says there will be more checks from January, compliance is a must Revenue Secretary Tarun Bajaj said the new income tax
gst: CBIC asks taxmen to complete GST evasion investigations within a year – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/cbic-asks-taxmen-to-complete-gst-evasion-investigations-within-a-year/articleshow/86477095.cmsSynopsis The CBIC observed if the issuance of SCNs is pushed to close proximity of the end dates/last dates, it may leave very little
GST investigation wing directs field units to take quick action in pending cases, issue show cause notices where needed – The Economic Times
GST investigation wing directs field units to take quick action in pending cases, issue show cause notices where needed – The Economic Times https://economictimes.indiatimes.com/small-biz/gst/gst-investigation-wing-directs-field-units-to-take-quick-action-in-pending-cases-issue-show-cause-notices-where-needed/articleshow/86472488.cmsThe wing,
Detailed Analysis of 45th GST Council Meeting Proposals–TAXGURU.IN
Clipped from: https://taxguru.in/goods-and-service-tax/detailed-analysis-45th-gst-council-meeting-proposals.html Detailed Analysis of Proposals made by GST Council vide 45th GST Council Meeting 1.0 Background of 45th GST Council Meeting: The GST Council inorder
Recommendations in 45th GST Council Meeting–taxguru.in
Clipped from: https://taxguru.in/goods-and-service-tax/recommendations-45th-gst-council-meeting.html Arjuna (Fictional Character): Krishna, GST Council held its 45th GST Council Meeting at Lucknow on 17th September 2021. What are the recommendations by GST Council
gst: CBIC asks taxmen to complete GST evasion investigations within a year – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/economy/policy/cbic-asks-taxmen-to-complete-gst-evasion-investigations-within-a-year/articleshow/86474699.cmsSynopsis The CBIC observed if the issuance of SCNs is pushed to close proximity of the end dates/last dates, it may leave very little
SME Chatroom: ‘ITC available based on IGST payment shown in bill of entry’ | Business Standard News
Clipped from: https://www.business-standard.com/article/sme/sme-chatroom-itc-available-based-on-igst-payment-shown-in-bill-of-entry-121092000685_1.html In the case of related party transactions, where contemporaneous imports/exports are not available, the matter goes to the Special Valuation Branch for further
Anti-profiteering body gets 1-year extension – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/anti-profiteering-body-gets-1-year-extension/article36554082.ece?homepage=true Tax Dept exploring option of transferring pending and future cases to the CCI The GST Council has decided to extend the tenure of
GST–Housing Societies–CBEC
GST clarifications to benefit IT industry – The Financial Express
Clipped from: https://www.financialexpress.com/industry/gst-clarifications-to-benefit-it-industry/2334962/ The IT industry will also benefit from another clarification that GST refunds could be claimed by exporters when exporting services to their parent
Come Jan 1,non-filers of monthly GST return to be barred from filing GSTR-1 | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/come-jan-1-non-filers-of-monthly-gst-return-to-be-barred-from-filing-gstr-1-121091800375_1.html Businesses that default on filing summary return and paying monthly GST will not be able to file GSTR-1 sales return of the succeeding
Structural changes in GST | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/structural-changes-in-gst-121091900947_1.html Correction to revenue-neutral rate must not be delayed The Goods and Services Tax (GST) Council’s 45th meeting in Lucknow last week took several important decisions
Anti-profiteering body gets 1-year extension – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/national/anti-profiteering-body-gets-1-year-extension/article36554082.ece?homepage=true Tax Dept exploring option of transferring pending and future cases to the CCI The GST Council has decided to extend the tenure of
gst: Summoned by GST authorities? Know your duties and rights – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/summoned-by-gst-authorities-know-your-duties-and-rights/articleshow/86282953.cmsSynopsis Taxpayers need to be conscious while making any statements before the GST officers as these can form the basis for issuing notices or
Next steps for GST Council | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/next-steps-for-gst-council-121091601596_1.html It should address issues with a longer-term view The Goods and Services Tax (GST) Council is meeting physically for the first time in 20 months
GST: Your carbonated fruit juice-based drink is all set to get costlier – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-your-carbonated-fruit-juice-based-drink-is-all-set-to-get-costlier/articleshow/86313956.cmsSynopsis The GST Council in its 45th meeting held in Lucknow has given a new dimension to the entire debate on what should be