Categories: Ludhiana

Bizmen is happy because CBIC allows the opportunity to explain

Ludhiana: Relief, the Council of Indirect and Customs and Customs (CBIC) has decided to provide employers the opportunity to explain the differences in the return of GSTR-1 and GSTR-3B and short or not pay their number of tax responsibilities that are considered before any action For GST recovery is taken.
The decision was taken after the new law came into force since January 1, which according to the GST official was empowered to make a surprise visit to the business of the businessman to recover taxes and it also without serving notifications or hearing notice.
Harish Kairpal, President of the Association of Ludhiana MSME, said, “It is a great relief for us that CBIC has agreed to provide opportunities for taxpayers to explain the reasons for their incompatibility and not pay taxes.
According to prior notice, officials are given free hand to take action against Employers without providing the opportunity to explain.
“Atul Saggar, Secretary General of the Clothing Manufacturer Association, Ludhiana,” We thank you for accepting our request.
Providing the opportunity for taxpayers to present their case.
According to the guideline issued by CBIC on January 7, has been Categorized that there may be some cases with sincere reasons, such as typing errors, for differences in external inventory details stated in GSTR-1 and GSTR-3B.
Such errors or negligence can be fixed on the next GSTR-1 / GSTR-3B.
” Sagar added, “This guideline also said that M It’s also possible for cases where supplies cannot be stated by people registered at the GSTR-1 of the previous tax period, even though the top tax is paid by reporting the supply correctly at GSTR-3B.
Therefore, in all cases, opportunities need to be provided to explain the difference and short or non-payment payments from the number of tax liabilities that are considered self-assessed, and their interests, before any action based on Part 79 of the action was taken for the number recovery.

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