Directions for forwarding pending survey /verification report- Reg.

F.No. 225/282/2018/ITA.II (19/09/2018)

Vide Instruction No. 4/2018 dated 20.08.2018 issued in file of even no., CBDT has laid down Guidelines for selection of scrutiny cases during the financial-year 2018-19....

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Measures to ensure compliance to GST by taxpayers/contractors/suppliers

Office Memorandum 38/5/2018-Fin (R & C)/1493 (11/09/2018)

The Concerned Authorities shall obtain a copy of Application Reference Number(ARN) generated on GST common Portal by the Taxpayer after filing his latest return which was due as per GST Law...

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E- Assessment: 167 Income Tax offices have Bandwidth Constraint

As per the list provided by Directorate Of Income Tax (Systems) 167 Income Tax buildings across the couyntry have limited bandwidth and rest of the buildings are ready for Income Tax e-assessment proceedings....

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CBIC withdraws instruction on Safeguard duty on Solar cells

Instruction No. 14/2018 – Customs (13/09/2018)

Vide notification No. 1/2018-Customs (SG), dated 30th July, 2018, safeguard duty has been imposed on Solar cells whether or not assembled in modules or panels falling under sub-heading 8541 or tariff item 8541 40 11 of the Customs Tariff Act, 1975 at specified rates for a period of two years....

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Setting up of Office of Commissioner (GST- Investigation) under CBIC

Instruction No. 01/2018 (10/09/2018)

I am directed to inform that a new post of the Commissioner (GST- Investigation) was created during recent re-organisation of Directorates and field formations. The Commissioner (GST-Investigation) shall be reporting to Member (GST- Investigation) in the Board....

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Reverse Input Tax Credit on goods destroyed in Floods: Blow to Kerala Taxpayers

Deputy Commissioner, State GST Department, Mattancherry, has issued the following instructions to their departmental officers by which it has instructed that in case Input Tax Credit is not reversed on Goods lost, stolen, destroyed written off or disposed of by way of gift or free samples due to Recent Kerala Floods , the proper officer [...

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New system will allow taxpayers to amend their GST Returns

D.O. No. 10/CH(IC)/2018 (31/08/2018)

On the GST front, four Amendment Acts have been notified. These aim at reducing the compliance burden and enhance the ease of doing business. One of the most important features is that they facilitate the new system of return filing approved by the GST Council and will allow taxpayers to amend their tax returns in […]...

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CBDT extends time to send comments on framing rules related to ‘Significant Economic Presence’

F. No. 370142/11/2018-TPL (30/08/2018)

CBDT extends time for sending comments on framing rules related to ‘Significant Economic Presence’ till 30-9-2018 vide its Instruction F. No. 370142/11/2018-TPL dated 30th of August, 2018....

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Sharing of cases booked by Customs field formations under Information Sharing Protocol with MB

Instruction No. 13/2018-Customs (29/08/2018)

During the 'Working Group on Intelligence Apparatus' meeting held on 26.03.2018, it was noted by the Finance Secretary that information sharing has become sporadic and a matter of pick and choose and that it is absolutely essential that intelligence sharing should be a continuous process and not something that is negotiable/discretionary....

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Filing of references for restoration of struck-off/de-registered companies under Companies Act, 2013

F. No. 225/423/2017-ITA-II(Part) (20/08/2018)

Vide letter dated 29.12.2017 in file of even no. (copy enclosed), the Board had issued necessary directions regarding filing of references before NCLT for restoration of struck-off/de-registered companies under the Companies Act, 2013....

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