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CA Ritesh Mehta sharing GST talk with trade members of Nagpur.
07/08/2023

CA Ritesh Mehta sharing GST talk with trade members of Nagpur.

27/05/2023

*SOP for Scrutiny of Returns for 2019-20 [Instruction 2/2023 dated 26-05-2023*

1. SOP for scrutiny of returns for 2017-18 and 2018-19 was interim measure till the development of online scrutiny module made available on ACES-GST application.

2. DG System has developed online module for scrutiny of returns.

3. Selection of returns for scrutiny shall be done by DGRAM who will select GSTIN registered with Central Tax authorities based on identified risk parameters.

4. GSTINs selected for scrutiny for 2019-20 have been made available on the dashboard of proper officer of Central Tax on ACES-GST application. Also following information has been made available for convenience of proper officer:
i. Details of risk parameters involving risk/discrepancies in respect of GSTIN
ii. Amount of tax/discrepancy involved for each risk parameter

5. *Risk Parameters*: All risk parameters taken into consideration shall be made available on the dashboard. *[Indicative List of Parameters has been provided in Annexure B of Instruction 2/2022 dated 22-03-2022]*

6. *Additional risk parameters may also be considered by proper officer in addition to parameters indicated in Dash board*

7. Proper officer shall finalize month wise scrutiny schedule with approval of divisional assistant/deputy commissioner, prioritizing riskier GSTINs having higher risk implications.

8. Principal Commissioner will monitor that schedule identified in Scrutiny Module is adhered by officers under his jurisdiction.

9. *Minimum 4 GSTINs to be scrutinized every month involving scrutiny of all the returns pertaining to FY*.[Para 4.2]

10. For scrutiny of returns following *data to be checked*:
i. Various returns and statements furnished by registered person
ii. Data made available through
a. DGRAM
b. ADVAIT
c. GSTN
d. E way Bill Portal
[Para 5.1]

11. *No documents/records to be sought from taxpayer for the purpose of scrutiny and proper officer is expected to rely upon only information available on records*. [Para 5.3]

12. Minimal Interface between taxpayer and officer is expected for scrutiny. [Para 5.3]

13. *Payments made through DRC-03 also to be considered while communicating* discrepancy [Para 5.4]

14. *ASMT-10 to be communicated on portal only without making any manual communication of ASMT-10 [Para 5.4]*

15. *Quantification of tax, Interest and other amount payable to be done in ASMT-10, as far as possible* [Para 5.4]

16. *Specific discrepancy to be communicated and not vague and general* {para 5.4]

17. *Worksheets and supporting documents of ASMT-10 to be uploaded on portal* {Para 5.4]

18. *Timelines*:
i. *Reply of Notice* by registered person : With in 30 days or further period permitted by proper officer

ii. *Satisfactory Disposal of Notice ASMT-12’ With in 30 days from receipt of reply*

iii. *Where no reply is furnished*, appropriate action u/s 73/74/65/66/67 to be taken in 15 days from expiry of 30 days provided for reply.

iv. *Where reply submitted is not satisfactory*, appropriate action u/s 73/74/65/66/67 to be taken with in 30 days from receipt of reply.

19. *MIS Reports* : Monthly Scrutiny progress reports (Summary information on scrutiny for a month) and Scrutiny register providing GSTIN wise details of action taken in respect of scrutiny of returns of allotted GSTINs have been made available on Scrutiny dashboard and requirement of compiling and sending Monthly Scrutiny progress report by CGST zones to DGGST is here by dispensed.

E invoice under will develop the positove business ecosystem in the country..CA Ritesh Mehta
20/05/2023

E invoice under will develop the positove business ecosystem in the country..CA Ritesh Mehta

http://www.kamabusinessline.com/kbl-admin/magazine-pdf/KBL-568-Kama-Business-Line-April-June-2023.pdf
15/05/2023

http://www.kamabusinessline.com/kbl-admin/magazine-pdf/KBL-568-Kama-Business-Line-April-June-2023.pdf

My views published in today's Navbharat...
08/04/2023

My views published in today's Navbharat...

Bank auditors do connect for any assistance on matter...
02/04/2023

Bank auditors do connect for any assistance on matter...

31/03/2023

तिवारीजी के यहाँ बेटा पैदा हुआ है नाम रखा....

GST ....गौरी शंकर तिवारी 😀

बड़े होने पर लोग कहेंगे...
SGST....श्री गौरी शंकर तिवारी 😊

उनके शादी के Invitation Card पर उनका नाम छपेगा....
CGST....चिरंजीवी गौरी शंकर तिवारी😀

ओर जब विदेश जायेंगे तो वहाँ😎
IGST (इंडिया के गौरी शंकर तिवारी)😀

इस खूबसूरत मुस्कान के साथ पुराने वित्तीय वर्ष की happy ending.
नए वित्तीय वर्ष की अग्रिम शुभकामनाएं .
😀🙏🏻😀🙏

28/03/2023

Bail Rejected..!

Allegedly availed ITC of more than 5 crore on Iron scrap on basis of fake invoices procured from fake and fictitious firms without actual movement of goods. Looking into the nature and gravity of offence, likelihood of tempering of evidence could not be ruled out if bail is granted to accused. Following the law laid by Apex court on granting bail in case of serious offences, bail application was rejected.

Basudev Mittal Vs Union of India - Chattisgarh High Court


27/03/2023

Kerala High Court recently held that when time period for issuance of order was extended, time limit for issuance of show cause notice would also stand extended with reference to such date. Due date for issuing order for financial year 2017-18 having been extended till 30-9-23, same would apply correspondingly to Computation of time limit for issuance of show cause notice also.
Pappachan Chakkiath Vs AC SGST

CA Ritesh Mehta interacted with all GURUs of city on handling taxes at a well organized summit of Coaching institutes. ...
12/03/2023

CA Ritesh Mehta interacted with all GURUs of city on handling taxes at a well organized summit of Coaching institutes.



09/03/2023

Amnesty Scheme, 2023 for Goods and Services Tax Department announced :—
This Amnesty Scheme will be called as ‘Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023’.

This Scheme is applicable on various taxes levied by GST Department before introduction of GST Act and duration of this Amnesty Scheme will be from May 1, 2023 to October 31, 2023.

Complete waiver of the arrears in cases where arrears are 200000/- or less per year. As a result small dealers will be benefited in around one lakh cases.

Dealers having arrears up to Rs 50 lakhs or less per statutory order will pay only 20% amount and balance 80% will be waived. As a result medium dealers will be benefited in around eighty thousand cases.

As announced in the Maharashtra State Budget

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