CA.(Dr.) Arun Ahuja

No Casual Approach in filing GST Returns...Data mismatch to trigger notices under automated GST scrutiny Similar to income tax returns processing, now the process of GST notices will also be automated through a system driven approach instead of direct notices from the assessment officer.  Hence the GST assessee should take extra precaution while filing the various GST Returns.  They have to avoid the casual approach and the filing person should have proper knowledge of the Domain. Use of data analytics for scrutiny of returns should lead to reduced physical interface with the department and ultimately enhance ease of doing business The central government's rollout of automated scrutiny of Goods and Services Tax (GST) returns this week could lead to assessees getting notices in cases where there are data mismatches between different types of tax returns. The Central Board of Indirect Taxes and Customs (CBIC) going to roll out an automated scrutiny module for GST returns for cen...

E-invoicing limit to be reduced to 5 crore from 01-Aug-2023. The taxpayers who had the turnover of Rs. 5 cores or more in any financial year FY: 2017-18 to FY: 2022-23 would be subject to this requirement. E-invoicing is a system of electronically capturing and validating the invoice details between the seller and the buyer. It aims to improve the efficiency and transparency of the tax administration and reduce errors and fraud. -> The taxpayers who are required to generate e-invoices will have to register their invoice details on the Invoice Registration Portal (#IRP) and obtain an Invoice Reference Number () and a QR code for each invoice. The IRN and QR code will serve as a unique identifier for the invoice and will help in verifying its authenticity. -> The e-invoicing system will also facilitate the auto-population of the invoice details in the GST returns and the e-way bills, thereby reducing the compliance burden and the chances of mismatch or duplication. -> Taxpayers ...

Services, including services of common employees, by the branch to head office in another State or vice versa are liable to GST: TN AAR   Profisolutions (P) Ltd., In re - [2023] 149 taxmann.com 337 (AAR-Tamil Nadu) The applicant is registered in the state of Karnataka and has its branch office registered in the State of Tamil Nadu (Chennai). The branch office provides support services like engineering services, design services, accounting services etc. to the head office in Karnataka through the common employees of the company. The employees are appointed and working for the company as a whole and not employed for head office or the branch specifically.     The applicant approached the Authority of Advance Ruling of Tamil Nadu (hereafter referred to as ‘TN AAR’) on the taxability of the services provided by the branch office in one state to the head office in another state through the common employees.     The TN AAR observed that service of an emplo...

BEWARE GST FAKE REGISTRATION CBIC issues guidelines for Special All-India Drive against fake registrations Instruction No. 01/2023-GST dated May 4th, 2023    The issue of unscrupulous elements misusing the identity of other persons to obtain fake/ bogus registration under GST, with an intention to defraud the Government exchequer, was deliberated during the National Co-ordination Meeting of the State and Central GST officers held at New Delhi on 24th April 2023. The menace of fake registrations and issuance of bogus invoices for passing of fake ITC has become a serious problem, wherein fraudulent people engage in dubious and complex transactions, causing revenue loss to the government.   Therefore, it was agreed that a nation-wide effort in the form of a Special Drive should be launched on All-India basis to detect such suspicious/ fake registrations and thus, the CBIC has issued guidelines for such concerted action on fake dealers/ fake billers in a mission mo...