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GST GRIEVANCES
Tokenised gold: A new way to invest in gold or a risky bet? What Indian investors need to know before investingTokenised gold is emerging as a new investment option in India. It uses blockchain to represent physical gold digitally. Investors can trad...- Right to trauma care of citizens integral part of right to life, Supreme Court saysThe Supreme Court has asked all states and Union Territories to launch a unified helpline, 112, for emergency responses. A functional syste...
- Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
- India’s 'China-plus-one' push needs tax ease and fast-track FTAs with developed nations: Arvind VirmaniIndia must reform its tax system and streamline clearances to attract global investments moving away from China. Economist Arvind Virmani e...
- Extend GSTR-3B return filing deadline: Demand by advocates and CAs as the portal is not working properlyChartered accountants and tax professionals are demanding an extension for the GSTR-3B filing deadline, citing persistent issues with the G...
- Liquidity unlocked, access denied: With rating rules, how TReDS leaves most MSMEs behindDespite the government’s TReDS push, experts say the RBI’s move to ease onboarding lacks clarity as credit ratings continue to be a key bot...
- Opposition shedding crocodile tears on Manipur, indulging in drama: FM Sitharaman in Rajya SabhaFinance Minister Nirmala Sitharaman accused the Opposition in the Rajya Sabha of “shedding crocodile tears” over Manipur while skipping a d...
- Govt enables GST grievance redressal on National Consumer HelplineThe Consumer Affairs Ministry will activate a special section on the INGRAM portal. This will address consumer questions and complaints abo...
- Make GST registration easier using technology, risk-based parameters: FM Sitharaman to CBICFinance Minister Nirmala Sitharaman directed CBIC to simplify GST registration using technology and risk-based parameters, emphasizing tran...
- Set up mechanism for grievance redressal in registration applications: CBIC to central GST officersThe CBIC has directed central GST officers to establish a grievance redressal mechanism for GST registration applications, requiring monthl...
- No 'hard approach' with taxpayers in initial stage, FM Nirmala Sitharaman tells officialsFinance Minister Nirmala Sitharaman advised tax officials to avoid taking a "hard approach" with taxpayers at the early stages and instead ...
- Faceless scheme: Importers can complain online for delay in clearance of Bill of EntryThe Central Board of Indirect Taxes and Customs (CBIC) has issued an advisory for Anonymised Escalation Mechanism under faceless assessment...
- GST panel to consider giving waiver on 1 day interest, late fee"A few taxpayers have reportedly faced difficulty in updation of their Electronic Cash Ledger on 20.09.2021 while filing their GSTR-3B retu...
- AI, data analytics to track GST evaders, boost compliance“The revenue secretary will hold a day-long meeting on January 7 with tax commissioners to discuss ways to streamline the GST system and pl...
- States to reach out to traders, industry to list out GST grievancesThe GST Council secretariat have been tasked to compile the suggestions and responses and send to the CBIC, which is the apex body for Indi...
- Error in e-way bill filing proves costly, leads to Rs 1.32 crore penalty for Transport CompanyThe High Court of Madhya Pradesh (Indore bench) on writ petition filed by Gati Kintetsu Express Pvt Ltd has come up with a very important a...
- Can file transitional credit form by April 30: Fin MinHowever, the taxpayers who avail of the extended deadline will not be permitted to amend the amount of transitional credit they claimed whi...
- Centre likely to announce procedure to address GST-related issues promptlyUnder the new mechanism, issues tweeted to govt’s Twitter handles around GST would be picked up on a priority basis and resolved or clarifi...
- Traders want ombudsman for redressal of GST grievancesCAIT also sought the first two years post the GST rollout from July 1 to be declared as a transition period.
- Tax authorities to tally returns with high value dealsIt was decided that I-T Commissioners will hold town-hall meetings in their respective zones and inform people on details of the scheme.
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