1. The GST Network (GSTN) has embedded the deep analytics tool in its GST portal since February 2021. It has recently produced some insights that have caught the attention of the taxman. As a result, the Central Board of Indirect Taxes and Customs (CBIC) officers have begun issuing GST notices for grave differences in the Input Tax Credit (ITC) claims. Click here to know more - [ Ссылка ].

2. The Central Board of Indirect Taxes and Customs (CBIC) officers, in a national-level meeting, discussed performing regulatory checks on fake invoicing along with strengthening the services for better tax compliance. In the early days of November 2021, the senior officials of the Directorate General of GST Intelligence (DGGI) met to discuss Goods and Services Tax (GST). Click here to know more - [ Ссылка ].

3. The Kerala High Court sought the Goods and Services Tax (GST) Council to exclude petrol and diesel from GST. On behalf of the petitioner, Kerala Pradesh Gandhi Darshanvedhi, the advocate stated that due to different tax rates levied by the state governments under their fragment taxing policies. This scenario is leading to different pricing of petrol and diesel across the country. Click here to know more - [ Ссылка ].

To watch more videos on finance, subscribe to our channel [ Ссылка ] and don’t forget to hit the bell icon to get updates on the latest videos.

Relevant links:
To learn about mutual funds and income tax, click here - [ Ссылка ].

Download the BLACK by ClearTax app:
[ Ссылка ] - Google Playstore
[ Ссылка ] - Apple iOS

Follow us on:
Facebook - [ Ссылка ]
Instagram - [ Ссылка ]
Twitter - [ Ссылка ]
LinkedIn - [ Ссылка ]
Telegram - [ Ссылка ]

#clear #newsroom #gst #gstnotices #invoice #itc #cbic #gstcouncil #keralahighcourt #shorts

свернуть