CBIC rolls out Automated Return Scrutiny Module for GST returns in ACES-GST backend application for Central Tax Officers During the recent review of the performance of the Central Board of Indirect Taxes & Customs (CBIC), Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman had …
In a move that is expected to help businesses as well as reduce litigation, a Model All India GST Audit Manual 2023 has been finalised for use by the Centre and state tax officials. The manual lays out standard principles for the selection of audit cases, …
The much-awaited clarity on online gaming tax rates is expected at the next meeting of the GST Council, which is likely next month. The council is also set to decide on revising the rates for millets and cement at the meeting. A council meeting in June …
The Anti-corruption wing of the Central Bureau of Investigation (CBI) on Friday booked Dhirendra Kumar, the Superintendent of Anti-Eviction Wing of Central GST, and two others for absconding with bribe money worth Rs 25 lakh. Dhirendra Kumar was based in Mumbai and took the bribe from …
Deferment of Implementation of Time Limit on Reporting Old e-Invoices Dear Taxpayers, It is to inform you that it has been decided by the competent authority to defer the imposition of time limit of 7 days on reporting old e-invoices on the e-invoice IRP portals for …
Gross GST collection in April 2023 is all time high, Rs 19,495 crore more than the next highest collection of Rs. 1,67,540 crore, in April 2022 GST revenues for April 2023 are 12% higher than the GST revenues Y-o-Y Highest tax collected on a single day …
The Commissioner of State Tax of Maharashtra vide Internal Circular No. 4A of 2023 dated April 28, 2023 has issued Instructions regarding the Amnesty scheme for revocation of cancellation of GST registration. Synopsis A special procedure is notified through which a registered person, whose registration has been cancelled …
Finance Minister Nirmala Sitharaman on Saturday directed Central Board of Indirect Taxes & Customs to introduce its automated GST return scrutiny by next week and to implement an action plan to increase the taxpayer base through enhanced use of technology. Sitharaman, did a comprehensive review with …
The GST portal (“System”) generates various documents, such as notices/ orders, etc which are communicated to the taxpayer. Most such documents have a system-generated unique identifier DIN (Document Identification Number)/ RFN (Reference Number). These documents, by virtue of being generated by the System, are already traceable …
