Source: Economic Times dated 10.02.2022 The Central Board of Indirect Taxes and Customs (CBIC) will focus on scrutiny and audit of goods and services tax returns in the coming year, and ease compliances for Special Economic Zones, its chairman Vivek Johri told ET’s Anuradha Shukla and Deepshikha Sikarwar in an interview. Edited excerpts: What is […]
CBIC to scale up departmental audits to boost GST compliance
Source: Live Mint dated 08.02.2022 The Central Board of Indirect Taxes and Customs (CBIC) is set to scale up scrutiny and departmental audits of risky taxpayers to improve goods and services tax (GST) collections while using data and technology to ensure that officials make decisions transparently, chairman Vivek Johri said in an interview. Johri anticipates […]
Guidance Notes on – GST Audit under Sec.65 read with Rule 101 and Sec.66 Read with 102 of Goods and Services Tax Act,2017 Part-2
By, B. S. Seethapathi Rao , Tax Consultant, Kakinada. Dated.12.01.2022. Part-1 . Click here Continued… Part-2, is as below P) Form GST DRC-01 is the summary of the show cause notice prescribed in rule 142 and must “accompany” a show cause notice. Show cause notice is incomplete unless accompanied by this summary in FORM GST […]
Guidance Notes on – GST Audit under Sec.65 read with Rule 101 and Sec.66 Read with 102 of Goods and Services Tax Act,2017 Part-1
By, B. S. Seethapathi Rao , Tax Consultant, Kakinada. Dated.12.01.2022. Dear Colleagues, Good day to you. I have received suggestions to prepare “Guidance Notes on “ GST Audit under Sec.65 read with Rule 101 and Sec.66 Read with 102 of Goods and Services Tax Act,2017”. I have prepare these guidance notes on the topics of […]
ASSESSMENT UNDER GST
By Mr. Ashish Miglani INTRODUCTION In this article we will study about different types of Assessments under GST which can help each and every Professional as well as Taxpayer to be aware of how he can protect himself against the harassment from the department. In this we have also stated all the assessments in detail […]
Article on “audit” conducted by the GST department under Section 65 of CGST Act, 2017.
From the Desk of B.S.S.Rao B.S. Seethapathi Rao, Tax Consultant, Kakinada. Dated.16.10.2021. Article on “audit” conducted by the GST department under Section 65 of CGST Act,2017. Dear Colleagues, Good day to you. I have received suggestions to prepare an article on “Audit conduct by the GST Department “under Section 65 of CGST Act, 2017. I […]
GST Annual Return : a detailed note on major change made by CBIC vide Notification no. 29, 30 & 31 -CT dated 30.07.2021
CBIC has published Notification No. 29, 30 & 31 – Central Tax on 30.07.2021. All these three notifications are related to GST Annual Return. Amendment vide Notification No. 29/2021 Section 110 & 111 of the Finance Act, 2021 (13 of 2021) dated 28.03.2021 omits sub-section (5) of section 35 of the Central Goods and Services […]