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Instructions

Guidelines for conduct of personal hearing in virtual mode under GST/VAT

April 18, 2022 8124 Views 0 comment Print

In any proceedings before Appellate Authority/ Adjudicating Authority the appellant/respondent, shall give his consent to avail facility of personal hearing before such authority, through Video conferencing at the time of filing his appeal or immediately after issuance of this instruction, in case pending appeals/adjudication matter. He should also indicate his e-mail address for correspondence, etc.

Weekly newsletter from Chairman, CBIC dated 11.04.2022

April 11, 2022 1143 Views 0 comment Print

Last week also saw Delhi Airport Customs seize 5.85 kg of Cocaine and 18 kg Heroin, in two separate cases. These are the latest in the string of recent cases of seizures of narcotics at the Delhi Airport. In the past six months alone, Delhi Airport Customs has seized more than 50 kg of Heroin and more than 12 kg of Cocaine at the Indira Gandhi International Airport. Kudos to the officers for a job well done!

MCA writes CMA institute for Lack of compliances by its members in Company/LLP incorporation

April 11, 2022 26007 Views 0 comment Print

It has been brought to the notice of the Ministry that the various instances have been observed where it has been found that practicing members of your Institute are not carrying out due diligence and verification of documents while incorporating a company or a LLP.

CBIC working towards automating the GST Return scrutiny process

April 4, 2022 6546 Views 0 comment Print

With a view towards enhancing compliance through effective & standardized scrutiny of GST returns, the Board has been working towards automating the scrutiny process. Last week, the first tranche of GSTINs selected for scrutiny, on the basis of risk parameters, were shared by the Directorate General of Analytics and Risk Management with field formations.

Processing of waiver applications by Exchanges in case of commonly listed entities

March 31, 2022 6798 Views 0 comment Print

SEBI directed the Exchanges to put in place a framework to monitor submissions made by listed entities and to initiate actions such as levy of penalties, moving of security to ‘Z’ category, freezing of promoter holdings and suspension of trading in securities of non-compliant listed entities

Interest rates of small saving schemes for April 22 to June 22

March 31, 2022 9456 Views 0 comment Print

Revision of interest rates for Small Savings Schemes for Q1 of 2022-23 Interest rates of small saving schemes for the First  quarter of financial year 2022-23 starting from 1st April, 2022 and ending on 30th June, 2022 shall remain unchanged from the current rates applicable for the Forth quarter (1st January, 2022 to 31st March, […]

Instructions to verify correctness of applications under Maharashtra Settlement of Arrears of Tax Act

March 30, 2022 999 Views 0 comment Print

Instructions are issued to verify correctness and completeness of applications received for settlement of arrears under Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2022 and in order to ensure that an uniform procedure is followed for verification of these applications. COMMISSIONER OF STATE TAX, MAHARASHTRA STATE GST Bhavan, Mazgoan, Mumbai […]

Weekly newsletter from Chairman, CBIC dated 28/03/2022

March 28, 2022 717 Views 0 comment Print

One can’t connect the dots looking forward; one can only connect them looking backward. So we have to trust that the dots will somehow connect in our future. You have to trust in something — your gut, destiny, life, karma, whatever just never stop learning and exploring.

SOP for Scrutiny of GST returns for FY 2017-18 and 2018-19

March 22, 2022 48543 Views 0 comment Print

CBIC vide Instruction No. 02/2022-GST | Dated: 22nd March, 2022 released Standard Operating Procedure (SOP) for Scrutiny of returns for FY 2017-18 and 2018-19  which contains Relevant statutory provisions (Section 61- Scrutiny of returns, Rule 99-Scrutiny of returns), Basis for Selection of GST returns for scrutiny, Proper officer for scrutiny of returns, Scrutiny Schedule, Process […]

All COVID-19 Restriction to end on 31.03.2022 but face masks to remain mandatory

March 22, 2022 702 Views 0 comment Print

NDMA has taken a decision that there may not be any further need to invoke the provisions of the DM Act for COVID containment measures. Accordingly, after the expiry of the existing MHA Order No. 40-3/2020-DM-I (A) dated 25th February, 2022

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