Updates by CA Atul Modani
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Tax And Legal Updates by CA Atul Modani
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https://goo.gl/BdAR17
*Taking forward the initiative launched by the Government of India to curb the menace of shell companies, money laundering and black money in the country and prevent misuse of corporate structure by shell companies for various illegal purposes, the Ministry of Corporate Affairs (MCA) and Central Board of Direct Taxes (CBDT) have now concluded a formal Memorandum of Understanding (MoU) for data exchange, on 6th September, 2017.*
https://goo.gl/4hYZ3a
*In line with the recommendations of the 21st GST Council Meeting dt. 9 Sept. 2017, the CBEC has notified Registration Exemption for certain Inter-state Suppliers of Handicrafts Items, subject to obtaining PAN, generating e-way bill and a ceiling of Rs. 20 lacs on aggregate supplies during a financial year (Rs. 10 lacs in the case of special category states except J&K).*
http://wap.business-standard.com/article-amp/economy-policy/i-t-dept-to-launch-jurisdiction-free-assessment-from-oct-117091401557_1.html

The system envisages allocation of a particular taxpayer’s profile to any officer across the country via a special software. In the existing system, taxpayers are assessed in the specific region where they are based.
https://atul.caclub.in/icai-representation-to-cbec-over-various-gst-related-concerns/

*Members are requested to note down the suggestions and keep it on record as it will impact many legal aspects under GST in future.*
https://goo.gl/RFySc4
*The CBEC has notified the Central Goods and Services Tax (CGST) (7th Amendment) Rules 2017, whereby CGST Rules 3, 120, 122, 124, 127 and 138 have been amended. Also, new CGST Rules 3A and 120A have been inserted. Further, the Forms GST EWB-01 TRAN-1 and GSTR-4 have been amended.*
https://goo.gl/RFySc4
https://goo.gl/y5vNj3
*In line with the recommendation of 21st GST Council Meeting dt. 9 Sept. 2017, the CBEC has notified that registration for certain persons liable to deduct tax at source (TDS) and collect tax at source (TCS) will commence from 18 Sept. 2017 at the GST Portal. However, the date from which TDS and TCS will be deducted or collected will be notified later.*
https://goo.gl/y5vNj3
https://goo.gl/44ohie
*In line with recommendations of 21st GST Council Meeting dt. 9 Sept. 2017, the CBEC has notified Extended Due Dates for Filing of Summary Return in Form GSTR-3B for the months August 2017, September 2017, October, 2017, November 2017 and December 2017.*
https://goo.gl/44ohie
http://wap.business-standard.com/article-amp/economy-policy/infosys-told-to-fix-gstn-glitches-by-oct-gom-to-review-every-fortnight-117091600596_1.html

*For July, around 4.7 million traders had filed the returns; for August, so far only 0.3 million have filed returns.*

In September 2015, Infosys had won the *Rs 1,380-crore*🤔 contract to implement the GSTN and maintain it for five years. 
Window for much awaited *Composition scheme for 2017-18* is now operational on GSTN Portal
Solution for error Invalid Return Type