1. CBDT has revealed that a total of 11.5 crore PAN cards were deactivated for failing to be linked with Aadhaar cards by the June 30 deadline. India has 70.24 crore PAN card holders, of which 57.25 crore have successfully linked their PAN cards with Aadhaar. More than 12 crore PAN cards remain unlinked, with 11.5 crore facing deactivation due to non-compliance.
2. The Supreme Court holds that a certificate under section 65B of the evidence act can be produced at any stage of the trial. It further states the settled position that a certificate may not be required where the primary evidence is with the authority concerned. ie the prosecution.
3. Goods and Services Tax Network has issued an advisory regarding procedures and provisions related to the amnesty for taxpayers who missed the appeal filing deadline for the orders passed on or before March 31, 2023.
4. Vide Rule 37A of CGST Rules, 2017 the taxpayers have to reverse the ITC availed on such invoice or debit note, the details of which have been furnished by their supplier in their GSTR-1/IFF but the return in FORM GSTR-3B for the said period has not been furnished by their supplier till the 30th day of Sep following the end of FY in which the ITC in respect of such invoice or debit note had been availed.
5. GSTN has developed a functionality to generate automated intimation in Form GST DRC-01C which enables the taxpayer to explain the difference in Input tax credit available in GSTR-2B statement & ITC claimed in GSTR-3B return online as directed by the GST Council.
by CA.Raj Chawla
No comments:
Post a Comment