Faceless Assessment and Taxpayers Charter - Transparent Taxation

Transparent Taxation Platform: PM Modi gives gift to honest taxpayers; Faceless Assessment and Taxpayers Charter in force today

Prime Minister Narendra Modi on Thursday launched the "Transparent Taxation, Honoring the Honest" platform in honor of honest taxpayers. The platform includes major reforms like Faceless Assessment, Faceless Appeal and Taxpayers Charter. The government has implemented Faceless Assessment and Taxpayers Charter from today. While the facility of faceless appeal will be available for citizens across the country from 25th September i.e. Deen Dayal Upadhyay ji's birthday. On this meeting, PM Modi said that even though the tax system is becoming faceless, but it is giving confidence to the taxpayer for fairness and fearlessness.

On this meeting, PM Modi said that the honest taxpayer of the country plays a huge role in nation building. When the life of honest taxpayer of the country becomes easy, it moves forward, then the country also develops, the country also moves forward. The new arrangements, new facilities, minimum government, starting today, strengthen our commitment to maximum governance. This is a big step in the direction of reducing the interference of the government from the life of the countrymen. This is the use of new governance model of new India and its good results are coming in the country.

PM Modi said that the Taxpayers Charter is also a big step in the country's development journey. Now the taxpayer has been assured of fair, courteous and rational behavior. That is, the income tax department now has to take care of the dignity of the taxpayer sensitively. Now the taxpayer will have to believe it, the department cannot look at it with suspicion without any basis.

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FILE NIL GST Return through SMS - GST NEWS

FILE NIL GST Return through SMS - GST NEWS

Government rolls out facility of filing of NIL GST Return through SMS

Posted On: 08 JUN 2020 6:27PM by PIB Delhi

In a significant move towards  taxpayer facilitation, the Government has today onwards allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS. This would substantially improve ease of GST compliance for over 22 lakh registered taxpayers who had to otherwise log into their account on the common portal and then file their returns every month. Now, these taxpayers with NIL liability need not log on to the GST Portal and may file their NIL returns through a SMS.

2. For this purpose, the functionality of filing Nil FORM GSTR-3B through SMS has been made available on the GSTN portal with immediate effect. The status of the returns so filed can be tracked on the GST Portal by logging in to GSTIN account and navigating to Services>Returns>Track Return Status. The procedure to file Nil returns by SMS is as follows: -

Step	SMS to 14409	Receive from VD-GSTIND
Initiate Nil Filing	NIL<space>3B<space>GSTIN<space>Tax period Ex. NIL 3B 09XXXXXXXXXXXZC 052020	123456 is the CODE for Nil filing of GSTR3B for09XXXXXXXXXXXZC for period 052020. Code validity 30 min.
Confirming Nil Filing	CNF <space>3B<space>Code Ex. CNF 3B 123456	Your, 09XXXXXXXXXXXZC, GSTR3B for 052020 is filed successfully and acknowledged vide ARN is AA070219000384. Please use this ARN to track the status of your return.
For Help, anytime	HELP<Space>3B Ex. Help 3B	To file NIL return of GSTIN for Mar 2020: NIL 3B 07CQZCD1111I4Z7 032020 To confirm Nil filing: CNF 3B CODE More details www.gst.gov.in

source:- PIB

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Turnover Exceeds One Hundred Crore Rs. Registration Required for E-Invoice, 1st April 2020 - GST NEWS

Turnover Exceeds One Hundred Crore Rs. Registration Required for E-Invoice, 1st April 2020 - GST NEWS

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection(i)]

Government of India

Ministry of Finance

Department of Revenue

Central Board of Indirect Taxes and Customs

Notification No. 70/2019 – Central Tax

New Delhi, the 13th December, 2019

G.S.R. …..(E).— In exercise of the powers conferred by sub-rule (4) to rule 48 of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendations of the Council, hereby notifies registered person, whose aggregate turnover in a financial year exceeds one hundred crore rupees, as a class of registered person who shall prepare invoice in terms of sub-rule (4) of rule 48 of the said rules in respect of supply of goods or services or both to a registered person.

3. This notification shall come into force from the 1st day of April, 2020.

[F. No. 20/13/01/2019-GST]

(Ruchi Bisht)

Under Secretary to the Government of India

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GST E - Invoice Portals (Notification No. 69/2019) - GST NEWS

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section(i)]

Government of India

Ministry of Finance

Department of Revenue

Central Board of Indirect Taxes and Customs

Notification No. 69/2019 – Central Tax

New Delhi, the 13th December, 2019

G.S.R....(E).- In exercise of the powers conferred by section 146 of the Central Goods and Services
Tax Act, 2017 (12 of 2017) read with sub-rule(4) of rule 48 of the Central Goods and Services Tax
Rules, 2017 and section 20 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the
Central Government, on the recommendations of the Council, hereby, notifies the following as the
Common Goods and Services Tax Electronic Portal for the purpose of preparation of the invoice in
terms of sub-rule(4) of rule 48 of the aforesaid rules, namely:-

(i) https://ift.tt/2Pk17eH;(ii) https://ift.tt/2rObRJx;(iii)https://ift.tt/35kWSFf;(iv) https://ift.tt/2rK4liL;(v) https://ift.tt/2PETLl6;(vi) https://ift.tt/38GlT02;(vii) https://ift.tt/2RWY5ia;(viii) https://ift.tt/34hl5LC;(ix) https://ift.tt/36ACmkp;(x) https://ift.tt/2RQFUux.

Explanation.-For the purposes of this notification, the above mentioned websites mean the websites
managed by the Goods and Services Tax Network, a company incorporated under the provisions of
section 8 of the Companies Act, 2013 (18 of 2013).

2. This notification shall come into force with effect from the 1st day of January, 2020.

[F. No. 20/13/01/2019-GST]

(Ruchi Bisht)

Under Secretary to the Government of India

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GST Electronic Portal Provide The Invoice Reference Number (Notification No. 68/2019) – GST NEWS

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]

Government of India

Ministry of Finance

(Department of Revenue)

Central Board of Indirect Taxes and Customs

Notification No. 68/2019 – Central Tax

New Delhi, the 13th December, 2019

G.S.R……(E). - In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government hereby makes the following rules further to amend the Central Goods and Services Tax Rules, 2017, namely:-

1. (1) These rules may be called the Central Goods and Services Tax (Eighth Amendment) Rules, 2019.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Central Goods and Services Tax Rules, 2017 (hereinafter referred to as the said rules), in rule 48, after sub-rule (3), the following sub-rules shall be inserted, namely:- “(4) The invoice shall be prepared by such class of registered persons as may be notified by the Government, on the recommendations of the Council, by including such particulars contained in FORM GST INV-01 after obtaining an Invoice Reference Number by uploading information contained therein on the Common Goods and Services Tax Electronic Portal in such manner and subject to such conditions and restrictions as may be specified in the notification.

(5) Every invoice issued by a person to whom sub-rule (4) applies in any manner other than the manner specified in the said sub-rule shall not be treated as an invoice.

(6) The provisions of sub-rules (1) and (2) shall not apply to an invoice prepared in the manner specified in sub-rule (4).”.

[F. No. 20/13/01/2019-GST]

(Ruchi Bisht)

Under Secretary to the Government of India

Note:- The principal rules were published in the Gazette of India, Extraordinary, Part II,Section 3, Sub-section (i) vide notification No. 3/2017-Central Tax, dated the 19th June, 2017, published vide number G.S.R. 610 (E), dated the 19th June, 2017 and last amended  vide notification No. 56/2019 - Central Tax, dated the 14th November, 2019, published vide number G.S.R. 845 (E), dated the 14th November, 2019.

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IGNOU's Has Launched GST Course - GST NEWS

IGNOU's Has Launched GST Course - GST NEWS

Indira Gandhi National Open University or IGNOU's School of Management Studies has launched an Awareness Programme on Goods and Services Tax (GST) in collaboration with Bombay Stock Exchange (BSE) Institute Limited. The programme aims to impart basic knowledge and skills required to fulfill the various requirements under the GST Act.
Admission process for this programme will start from July, 2019.

This GST programme, according to a statement from IGNOU, would be beneficial to people who are engaged in maintaining accounts and filing of various indirect tax returns. 

"Entrepreneurs engaged in small-scale business ventures can also benefit from this programme as it gives an overview of the procedures and formalities to comply under the GST Act," said the statement.     

The main objectives of this programme is to impart skills to book keeping professionals to file various regular GST returns along with the various compliance requirements.  

Candidates who are planning to join the programme should be 10+2 pass.

The course will be taught in English

Duration: Minimum two months and Maximum six months; offered in both January and July cycle of admissions.

The study material is divided into small 7 modules. The study material is available in online mode only.

Source:- ndtv

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READ ALSO : - Tax Dept To Share ITR Data With GSTN To Detect Tax Evasion By Business Persons - GST NEWS

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Tax dept to share ITR data with GSTN to detect tax evasion by business persons - GST NEWS

Tax dept to share ITR data with GSTN to detect tax evasion by business persons - GST NEWS

Soon, the tax department will be sharing the income tax return (ITR) data of businesspersons with the Goods and Services TaxNetwork (GSTN) officer. The move is aimed at spotting income anomalies or mismatches between their GST returns and ITR. 

Clearly, business persons need to ensure that their income tax returns and GST returns correlate. In simple terms, a business person whose income as per ITR is sharply at variance with what is declared in his/her GST returns would come under the lens. 

Before GST was introduced, the department could not reconcile the data filed by the business persons in his/her sales tax return/service tax return and ITR. This was because sales tax return was filed at the various state levels and service tax return was filed at the national level. However, post the introduction of GST, such data will now be available at the central level which makes exchange of data between the two authorities easy. 

This move will apply for all those assessees who have business income and file the returns specified for those with this income i.e. ITR 3 to ITR -7. 

As per the order issued by the Central Board of Direct Taxes (CBDT) dated April 30, 2019, important financial fields such as - status of filing of ITR, turnover, gross total income, turnover ratio, gross total income range, turnover range and any other field which will be decided by the concerned authorities themselves will be shared by the income tax department with the GSTN officers. 

Archit Gupta, CEO & founder, Cleartax.com says, "Government's tax departments can now act in unison and review taxpayers and their submissions via information collected between them separately. Starting last year's ITRs the government had begun collecting information in ITRs related to GST. With this request-based and automated sharing of data - government can do intensive analysis to pick up cases for further scrutiny. Turnover may not be a one-on-one match between the two direct tax returns and GST returns, however several trends and compliance may be analysed in detail." 


As per the order, the exchange of data will be request-based as well as spontaneous and automatic. However, before sharing any information, the income tax authority shall determine that such information is necessary for the GSTN authority to perform its functions, says the order. 

Chartered Accountant, Naveen Wadhwa, DGM, taxmann.com says, "In earlier years, mismatch in the figures of turnovers furnished by SMEs in Income-tax returns and Sales returns were very common. Signing of an MOU between the I-T Dept. and GSTN will ensure that the taxpayers furnish same set of information in income-tax return and GST return. As more than 38% Income-tax returns filled for the FY 2017-18 include business income, such initiatives to reconcile the turnover of business would help the government to check the tax evasion." 

As per the order, for the exchange of information to take place, a Memorandum of Understanding (MoU) will be signed between Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems) and nodal officer, GSTN. 



SOURCE :- https://economictimes.indiatimes.com/wealth/personal-finance-news/tax-dept-to-share-itr-data-with-gstn-to-detect-tax-evasion-by-business-persons/articleshow/69113952.cms

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READ ALSO : - April GST collection expected to be highest ever at Rs 1.15 lakh crore - GST NEWS

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April GST collection expected to be highest ever at Rs 1.15 lakh crore - GST NEWS

April GST collection expected to be highest ever at Rs 1.15 lakh crore - GST NEWS

The collection of Goods and Services Tax (GST) for the month of April is expected to be at its highest ever at around Rs 1.15 lakh crore on the back of year-end payments.

GST collection in March rose 15.6 percent from a year ago to hit Rs 1.06 trillion, the highest since the new indirect tax system took effect on 1 July 2017.

As many as 7.595 million GSTR 3Bs (summary returns) were filed till 31 March for February, against 7.348 million a month.

SOURCE - Moneycontrol

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Highest GST Collection at Rs 1.06 Lakh Crore in March FY 2018-19 - GST NEWS

Highest GST Collection at Rs 1.06 Lakh Crore in March FY 2018-19 - GST NEWS

New Delhi. In March, the GST collection record was Rs. 1 lakh 6 thousand 577 crore. It is by far the highest. The previous record is 1 lakh 3 thousand 458 crore rupees. In April 2018 there was so much collection. Even in January this year, the figure reached Rs. 1 lakh crore. So far, GST collection has reached Rs. 1 lakh crore or more above GST since its inception.

GST Collection in March

Monthly average collection in last financial year was Rs 98,114 crore

In one year, 15.6% growth in GST collection has been recorded. In March 2018, the government had received Rs 92,167 crore from GST. Monthly average GST collection in the financial year 2018-19 was 98,114 crores.

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Forthcoming Changes In E-Waybill System - GST NEWS

Forthcoming Changes In E-Waybill System - GST NEWS

(Date: 25-03-2019)

 1. Auto calculation of route distance based on PIN code for generation of EWB

 Now, E-waybill system is being enabled to auto calculate the route distance for movement of goods, based on the Postal PIN codes of source and destination locations. That is, the e-waybill system will calculate and display the actual distance between the supplier and recipient addresses. User is allowed to enter the actual distance as per his movement of goods. However, it will be limited to 10% more than the displayed distance for entry. That is, if the system has displayed the distance between Place A and B, based on the PIN codes, as 655 KMs, then the user can enter the actual distance up to 720KMs (655KMs + 65KMs). In case, the source PIN and destination PIN are same, the user can enter up to a maximum of 100KMs only. If the PIN entered is incorrect, the system would alert the user as INVALID PIN CODE. However, he can continue entering the distance. Further, these e-waybills having INVALID PIN codes are flagged for review by the department.

 Route distance calculation between source and destination uses the data from various electronic sources. This data employs various attributes, for example: road class, direction of travel, average speed, traffic data etc. These attributes are picked up from traffic that is on National highways, state highways, expressways, district highways as well as main roads inside the cities. A proprietary logic is then used for approximating the distance between two postal pin codes. The distance thus derived is then provided as the motorable distance at that point of time. 

2. Blocking of generation of multiple E-Way Bills on one Invoice/document

 Based on the representation received by the transporters, the government has decided not to allow generation of multiple e-way bills based on one invoice, by any party – consignor, consignee and transporter. That is, once E-way Bill is generated with an invoice number, then none of the parties - consignor, consignee or transporter - can generate the E-Way Bill with the same invoice number. One Invoice, One E-way Bill policy is followed. The change will come in the next version. 

3. Extension of E-Way Bill in case Consignment is in Transit 

The transporters had represented to incorporate the provision to extend the E-way Bill, when the goods are in transit. The transit means the goods could be on Road or in Warehouse. This facility is being incorporated in the next version for the extension of E-way Bill. During the extension of the e-way bill, the user is prompted to answer whether the Consignment is in Transit or in Movement. On selection of In Transit, the address details of the transit place need to be provided. On selection of In Movement the system will prompt the user to enter the Place and Vehicle details from where the extension is required. In both these scenarios, the destination PIN will be considered from the PART-A of the E-way Bill for calculation of distance for movement and validity date. Route distance will be calculated as explained above.

 4. Blocking of Interstate Transactions for Composition dealers 

As per the GST Act, the composition tax payers are not supposed to do Interstate transactions. Hence next version will not allow generation of e-way bill for inter-state movement, if the supplier is composition tax payer. Also, the supplies of composition tax payers will not be allowed to enter any of the taxes under CGST or SGST for intrastate transactions. In case of Composition tax payer, document type of Tax Invoice will not be enabled.

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NEW GST RATE FOR REAL ESTATE SECTOR, APPLICABLE FROM 1st APRIL 2019 - GST NEWS

NEW GST RATE FOR REAL ESTATE SECTOR, APPLICABLE FROM 1st APRIL 2019 - GST NEWS

GST Council has given relief to the real estate sector. From April onwards, the construction projects on which the work has started will be lowered. In the meeting of Finance Minister Arun Jaitley on Tuesday, a decision has been taken to give this relief to the Council meeting. But the decision on Maharashtra government's demand has been deferred so far, in which in Mumbai, up to Rs 70 lakh apartment was requested to be in the category of 'affordable housing'. While the new system will reduce GST rates, tax will not get the benefit of input tax credit. They must choose one of the old or new rates.

Now, there are 5 per GST on affordable housing projects under construction and 1 per GST on other projects. But it has been decided to take a tax credit back up from manufacturing materials like steel, cement and paints. They used to keep the Femans Coder with them, for this reason tax credits have been withdrawn. At present, the builders are paid 8 per cent on affordable housing projects under construction and 12 per GST on other projects. The builders of Residential Projects under construction have given the option to choose between the old tax rate and the new tax rate. This auction was given in the wake of the possibility of harassment by the tax authorities.
Revenue Secretary Ajay Bhushan Pandey said that till the completion of the project by March 31, the builders will be given the opportunity to choose the option once. Either select those old retro or choose the new one, they have to decide them. Some developers were suggesting an increase in the prices of flats. On this he said that it will not be allowed. If there is a complaint of improper price increase then action will be taken by the Anti-Profit Dispatching Body.

In the meeting, the Maharashtra government had urged to make the definition of 'affordable housing' soft in cities like Mumbai and Pune. The Maharashtra government had suggested that apartments up to Rs. 70 lakh in Maharashtra and up to 60 lakhs in Pune, would be kept in the 'Affordable Housing' category. At present, apart from floor area, apartments upto 45 lakhs have been kept in this category. Sources said that the decision on this was not taken due to the implementation of code of conduct for the upcoming Lok Sabha elections.

While GST Council has decided to withdraw the input tax credit benefit, at least 80 per cent of the registered vendors have decided to make the tax mandatory on the purchase. It aims to monitor the transactions in the real estate sector. Real estate sector is a sector where most transactions are in cash. If the case of non-compliance with the rules in the purchase comes out, then they have to pay 18 per cent tax. It has also been clarified that those projects will be considered as residential properties, which have commercial space up to 15%. This has been done to relieve the developers. Developers make facilities such as shops, clubs and restaurants for the resident of apartments.

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GST COUNCIL MEETING ON TUESDAY 19TH MRACH 2019 - GST NEWS

Election Commission's Approved for GST Council meeting on 19 March 2019 - GST NEWS

Election Commission's approved for GST Council meeting on 19 March 2019 - GST NEWS

The Election Commission approved the GST Council's meeting on 19 March. In the forthcoming meeting of the council, there is a need to implement low rates of commodity and service tax (GST) for real estate sector and other urgent issues. Sources said that the next meeting is going through video conferencing.

Sources said that after getting the approval for the meeting from the Election Commission, the information was sent to the states on March 19, the 34th meeting of the council on behalf of the GST Council Secretariat. The approval of the Election Commission for this meeting was therefore necessary that the Model Code of Conduct is effective from Sunday. Sources said that this meeting will be done only to consider transition provisions and related issues to implement low rates of GST for Real Estate Sector.

At the last meeting of the GST Council, this rate was reduced to one per cent for reducing the GST rate for the under construction flats, for five per cent and affordable category houses. New rates will be effective from April 1. At present, the GST rate is 12 percent for the construction of flats under construction, as well as the provision of input tax credit (ITC). This system is also for such ready-to-move-in flats, for which compliance certificates have not been issued at the time of sale. Now the GST rate is 8% for the residential unit coming in the affordable category.

GST recovery has come down to Rs 97,247 crore in February, from Rs 1.02 lakh crore in January. In the recovery in February, Central GST was Rs 17,626 crore, State GST Rs 24,192 crore, Integrated GST of Rs 46,953 crore and Cess 8,476 crore. Total GST collections in the current financial year up to Rs 10.70 lakh crore in the month of February. In its revised estimates, the government has reduced GST collection target for the current financial year to Rs 11.47 lakh crore, which was earlier Rs 13.71 lakh crore. GST recovery target for the financial year 2019-20 has been kept at Rs 13.71 lakh crore.

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