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New Functionalities for Taxpayers on the GST Portal

GSTN Showcases Helpful Tutorials of New Functionalities on GST Portal

In yet another attempt to provide ease and facilities to taxpayers on the web portal of GST and to make the GST web portal more interactive, The Goods and Services Tax Network (GSTN) has issued new functionalities (module wise) on the web portal of GST. These functionalities pertain to the below-mentioned modules: New Functionalities in […]

No Proper Explanation on CSR Over ITC Eligibility

Multiple AAR Decisions on CSR Confusing Firms for Getting GST ITC

Beneath the goods and services tax (GST) regime the Contradictory corporate social responsibility (CSR) judgments by the Authorities for Advance Ruling (AARs), have made confusion inside the private players who had been not happy with the laws. In recent times the Uttar Pradesh AAR ruled that CSR has to spend through the firms is liable […]

Identity Verification Compulsory for New Importers or Exporters

Mandatory to Verify Aadhaar, PAN, Business Place for New Exporters & Importers

The government has confirmed the new importer, exporter, and customs broker to validate their identity, and also constituting the incorporation document, PAN, Aadhaar, and physical verification of place of business. The customs (Verification of Identity and Compliance) Regulations, 2021 provides the customs authorities power to have identity verification of existing importers, exporters, and customs brokers. […]

What to Do When Duplicate PAN Allotted?

ITR Filing: Solution If You Got Same PAN by Official Department

The Directorate of Income Tax has previously observed cases where one PAN was allotted to two persons and similarly Directorate of Income-tax (Systems) also noticed some rare cases where more than two persons possess the same PAN. In this matter, Directorate prepared a policy and issued AIS Instruction No. 82 on June 21, 2013. AIS […]

CBIC Launches Electronic Portal for GST Services

CBIC: New Common Electronic Portal for Smooth Workflow of GST Compliance

Gone are the days of struggling with complicated workflows. Now Individuals, who are related directly or indirectly to GST-related activities or compliance don’t have to wander here and there. The Central Board of Indirect Taxes and Customs (CBIC) has launched the Common Customs Electronic Portal for fine-tuning the workflow of various GST-related compliances and services. […]

CAG Report Suggested Simplified GST Returns Forms

CAG: GST Technical Problems Responsible for ITC Fraud in System

The Comptroller and Auditor General of India (CAG) has reported technical glitches in the entire mechanism of Goods and Services Tax (GST) even after 3 years of its implementation and further advised computerisation of legal processes and legal procedures in addition to fixing the roll-out plan of a simplified GST regime. Starting from the legal […]

Telephone and E-mails Cant Change Personal Hearing

Bombay HC Reminds GST Authority for a New Decision Via Personal Hearing

Hearings cannot be replaced by telephone & e-mails. This verdict was passed by the Bombay High Court while responding to the petitioner “BA Continuum India Pvt. Ltd.” and respondent “GST authority” in a hearing-related case. The petitioner(BA Continuum India Pvt. Ltd.) is a company and provides information technology and information technology-enabled services to customers located […]

GST Collection in March 2021

March GST Collection May Set New Record of INR 1.30 Lakh Crores

Tax revenue from Indirect Tax collected by the Government i.e. Goods and Services Tax (GST) is mushrooming every month after the corona situation is in control. In January 2020 also, it soared to INR 1,19,875 crore and in March 2021, it might cross the record of January (INR 1,19,875 crore) i.e. by at least INR […]

CBIC Suggestions to Officers for Property Attachment

CBIC: Caution in Provisional Attachment of the Property Under GST Evasion

CBIC said to the field officer to do prudence as well as maximum caution in attaching the assessee’s property and directed that these are the precautions that are to be acknowledged for GST evasion. Bogus invoicing and lateness of more than 3 months in depositing the tax received. Through some regulations, the CBIC had come […]

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