Dear Professional Colleagues


Greetings from Indirect Taxes Committee of ICAI

Goods and Services Tax (GST) a biggest economic reform is already in place for almost 2 months. However there have been some implementation issues which needs to be addressed appropriately. In this regard, ICAI has already submitted it suggestion recently.


In order to keep the members updated with the latest developments under GST the Indirect Taxes Committee of ICAI has come up with the August Edition of E-newsletter on GST. This well sourced newsletter contains latest GST updates & news, relevant Articles on important issues under GST, FAQs on Traders industry, details of forthcoming programmes on GST and much more.


E-newsletter can be downloaded from the link:https://goo.gl/WjVdUv


Earlier editions of the GST E-newsletter are also available at http://idtc.icai.org/gst.html.


Further, latest suggestions on Implementation issue in GST submitted by ICAI, latest publications on GST, articles on different aspects of GST are available athttp://idtc.icai.org/gst.html for all the stakeholders.


Interested members may opt for a regular e-subscription by registering themselves for Indirect Taxes Updates at www.idtc.icai.org.


For further clarifications, please contact Secretary, Indirect Taxes Committee at gst@icai.in or 0120-3045954.

Instead of Seminars on GST, ICAI branches across country should call Members & Taxpayers for discussing & preparing representation over failure of GSTN on priority to effectively address real concerns of Business.

That representation should be handed over to Local Media, Local MP, MLAs , Local GST Commissioners and then forwarding to Finance Ministry .

This is sheer waste of time , efforts and money of crores of Indians .

Only one reason, stubborn Beareucratic approach of Finance Ministry

Success stories of Pgportal continues

Photo from CA Atul Modani ✨

Invoice still under processing is a GSTN Snag which is yet to be fixed – Tax Updates by CA Atul Modani
https://atul.caclub.in/invoice-still-under-processing-is-a-gstn-snag-which-is-yet-to-be-fixed/

Acche Din! CBDT To Splurge Rs. 264 Cr To Buy Smart Phones, Laptops Etc For AOs, Inspectors Etc | Useful Miscellania
http://www.itatonline.org/info/acche-din-cbdt-to-splurge-rs-264-cr-to-buy-smart-phones-laptops-etc-for-aos-inspectors-etc/

https://atul.caclub.in/tips-for-downloading-return-file-from-gst-portal-and-modifyingdeleting-earlier-uploaded-details/

*Tips for downloading Return file from GST Portal and modifying/deleting earlier uploaded details*

https://atul.caclub.in/step-by-step-guide-on-downloading-error-file-from-gst-portal-and-making-corrections/

*Step by step guide on downloading Error file from GST Portal and making corrections*

https://atul.caclub.in/tips-for-creating-new-gstr1-using-offline-tool-on-gst-portal/

Tips for Creating New GSTR1 using Offline Tool on GST portal

#tip process of changing the email📨 and mobile number📱 of the primary authorized signatories mentioned at the time of enrolment or new registration.

Hence given below the steps which need to be followed by the user taxpayer for change of email and mobile number:-

Step -1 Login with your user id and password,

Step-2 Click on the registration bar and select the non-core amendment,

Step -3 Click on the authorized signatory tab,

Step-4 🔴Add new authorized signatory whose email and mobile number user wants to use,

Step -5 Go to verification tab and submit the application.

Step-6 After submission of application please wait for sometime ( 15 minutes)

Step 7 Login again with user id and password,

Step 8- Go to the authorized signatory tab – 🔴deselect the primary authorized signatory check box,

Step 9 – Select the 🔵newly added authorized signatory as primary authorized signatory,

(Important- Older mobile and email id will be pre fetched by the system. Please 🔴ensure to change the mobile and email id to which you want to add.)

Step 10- Go to the verification tab and submit,

(Note For Company /LLP DSC will be allowed. For EVC submission, OTP will come on newly added email/mobile number)

(For more live updates join us at t.me/puducherrygst the official Telegram channel of Puducherry Central Excise & GST Commissionerate)

https://atul.caclub.in/users-will-not-be-able-to-file-gstr-1-after-due-date-till-completion-of-gstr-2-cycle/

*Users will not be able to file GSTR 1 after Due date till completion of GSTR 2 Cycle* i.e. 25th September

Photo from CA Atul Modani ✨

https://taxguru.in/goods-and-service-tax/failure-gstn-network-gst-helpline-mechanism-lodge-complaint.html

*My Article on Taxguru*

Pls ensure you lodge complaints on given Email ids in your own interest.

https://goo.gl/Lv6cDq
*The 21st GST Council Meetings is being conducted at Hyderabad, wherein the demands of States for review of GST rates on certain items, technical glitches being faced by the Taxpayers while filing the GST returns at GSTN, etc. are being considered. Also, Govt. has appointed Mr Ajay Bhushan Pandey (CEO/ UIDAI) as the Interim Chairman of the GSTN.*

http://wap.business-standard.com/article-amp/economy-policy/gst-council-meet-states-raise-gstn-issues-difficulty-in-filing-returns-117090900237_1.html?utm_source=dlvr.it&utm_medium=twitter

Hope some Sanity prevails within Finance Ministry

https://atul.caclub.in/due-date-for-filing-gstr-123-tran-1-extended-authentic-news/

*Due date for filing GSTR 1,2,3 & TRAN 1 EXTENDED- Authentic News with official press release*

IT : Statement declaring undisclosed income by assessee being recorded after date of search, could be of no evidentiary value in terms of section 132(4)

IT : Undisclosed income for block period has to be computed on basis of material found in course of search and declaration made by assessee under VDIS being not material discovered during course of search, same cannot form basis of assessment

[2017] 84 taxmann.com 275 (Bombay)

HIGH COURT OF BOMBAY

Commissioner of Income-tax-II, Nagpur

v.

Shankarlal Bhagwatiprasad Jalan

Cotton Seed Oil Cake (Kapas Khalli) – GST rate is NIL irrespective of end use – Tax Updates by CA Atul Modani
https://atul.caclub.in/cotton-seed-oil-cake-kapas-khalli-gst-rate-is-nil-irrespective-of-end-use/