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GST UPDATE

Desk of CA. Praveen Sharma

Series- 415

GST Updates

1- Taxpayers will get relief from recovery if they file a declaration of their intent to appeal against the order of lower authorities, even as the GST Appellate Tribunal is yet to be constituted, ruled the Bombay High Court.

2- Reversal of ITC at midnight during search and seizure can’t be voluntary payment of GST dues: Gujarat HC.

3- The GST fitment committee, consisting of central government and state government revenue officials, will review the compensation cess levy on the various commodities with a higher risk of tax evasion, like pan masala and mixed tobacco products. 

4- GST audits led to detection of ?22,000 cr tax evasion, CBIC

Regards

CA. Praveen Sharma

https://t.me/praveengst

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