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ITBA Functionality for Set-Aside Matters in Income Tax Exemption Module

February 25, 2022 1845 Views 0 comment Print

Functionality for processing Set Aside cases in Exemption Module of ITBA can be accessed using the following path. User: CsIT (Exemptions) Navigation Path: ITBA Portal →Login→ Modules→ Exemptions→ Menu →Initiate Proceeding in Set Aside Matter. Proceeding creation screen will be opened.

Modus operandi relating to short payment of GST on Coaching Services detected

February 21, 2022 3762 Views 0 comment Print

On the Anti-Evasion front, the Alwar CGST Commissionerate detected a modus operandi relating to short payment of GST on composite supply of Commercial Training or Coaching Services along with goods such as School Bags, Notebooks, T-Shirts, Sweat Shirts, Umbrellas etc. to their students.

Release of Refund determined for cases selected for Income Tax Scrutiny

February 16, 2022 6444 Views 0 comment Print

Workflow in ITBA for Withholding of Refund under Sec. 241A of the I. T. Act’ 1961 or Release of Refund determined while Processing of Returns of Income for the cases selected for Scrutiny — Regarding

Instructions for enabling Internal Control Mechanism for Refunds in GST

February 15, 2022 5058 Views 0 comment Print

Processing of Refund application of tax amount of more than Rs 2 Crore:- All the refund applications where the applicant has claimed more than Rs 2 Crore of total tax amount, the application shall be processed at the Ward level by the ETO-cum-Proper Officer and Tax Inspector in accordance with the provisions of the law and the instructions.

Case of Irregular availment of ITC in excess of Rs. 13 Crore on ‘Base Oil’  booked

February 14, 2022 2661 Views 0 comment Print

On the anti-evasion side, CGST Commissionerate, Gandhidham booked a case of irregular availment of Input Tax Credit (ITC) on ‘Base Oil’ by certain Transporters in Kutch who are reported to have been illegally using such ‘Base Oil’ as automotive fuel. Further, such misuse is environmentally egregious. It is reported that the total inadmissible ITC availed is in excess of Rs. 13 Crore and that an amount of Rs. 5.80 Crore has been recovered till date.

Modification of Constitution to GoM on Casinos, Race Courses & Online Gaming

February 10, 2022 681 Views 0 comment Print

Partial Modification of Constitution to the Group of Ministers (GoM) on Casinos, Race Courses and Online Gaming In partial modification to the OM of even number dated 24.05.2021 & 11.06.2021 on the subject cited above, it is stated that reconstituted membership of the GoM is as follows: –

Weekly newsletter from Chairman, CBIC dated 07.02.2022

February 7, 2022 618 Views 0 comment Print

On the Anti-Evasion front, officers of CGST Delhi East Commissionerate on the basis of data scrutiny detected utilization of excess ineligible credit by an assesse. Further network analysis indicated that the input suppliers of the firm were involved in trading/ supply of goods unrelated to the business activity of the assesse. The entire duty liability has since been accepted and total recoveries in the case are about of Rs. 5 Crores. Congratulations to all the officers for their effort and hard work.

CBIC notifies Authorised Officers for import of food under FSSAI Act

February 2, 2022 1404 Views 0 comment Print

It is stated that FSSAI has notified Authorised officers at 157 Points of Entries (PoEs) for food, wherein 104 PoEs are to be manned by Customs officials as Authorized officers (AOs) while 53 PoEs are manned by FSSAI officials.

Guidelines For Issuance of Show Cause Notices under GST

February 1, 2022 10971 Views 0 comment Print

It has been brought to the notice of the Competent Authority that in several instances non­speaking & vague Show Cause Notices (SCNs) are being issued in violation of provisions of the GST Act and Rules made thereunder. In view of the above, it is important that proper diligence is made before issuance of SCNs by the Proper Officers.

Weekly newsletter from Chairman, CBIC dated 31.01.2022

January 31, 2022 2280 Views 0 comment Print

On the Anti-Evasion front, the Directorate of Goods and Service Tax Intelligence (DGGI), Meerut Zonal Unit, busted a syndicate involved in creating and controlling fake firms and issuing of bills by these fake firms without supply of any Goods or Services and encashment of GST refund. The investigation involved in-depth analysis of the network and devices used by the syndicate. Preliminary investigations have revealed more than 275 fictitious firms with the total value of the invoices issued being in excess of Rs 3,100 Crore and the total GST evaded estimated to be about Rs. 362 Crore.

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May 2024