Court orders CBIC to issue austere circular mandating tax officers not to cancel registration of any taxpayer during the pandemic period otherwise than on charges of tax evasion
However, Indian citizens will have to follow the Aadhaar authentication or personal verification route for GST registration
SHRPL is believed to have have availed and utilised fraudulent ITC of Rs 21.56 crore on an invoice value of Rs 121.76 crore
Rule 86B under Central GST Act limits use of input tax credit for discharging liability, changes GST registration rules as well
Those who have been given registration without Aadhaar authentication would be taken as deemed registration.
The Central Board of Indirect Taxes and Customs (CBIC) last week notified Aadhaar authentication for GST registration with effect from August 21, 2020
The individual, in his application, had disclosed that his total receipts in 2018-19 fiscal were about Rs 20.12 lakh, including rent receipt of Rs 9.84 lakh
Till March 31, 2020, GSTN had enabled 1,748 tax officers from 18 states/UTs to access office through VPN, a secure way to access office networks.
CBIC said it is providing a "one-time opportunity" to apply for revocation of cancellation of GST registration for those entities for whom cancellation order has been passed up to March 31, 2019
Currently, over 11.5 million businesses are registered under the GST regime, of which 6.37 million have migrated from the erstwhile service tax and VAT regime, and over 5.1 million are new registrants
State expects to earn Rs 55, 787 cr from tax collection in FY18
Figure of new registrations approved in GST crosses 1 million today: Hasmukh Adhia