News Details- (Get Professional Updates on Whatsapp, Msg on
8285393786) More
News
CBIC Notifies Common Authority to Adjudicate GST Notices from Multiple States
In a move that is likely to help firms struggling with GST notices from different states, the Central Board of Indirect Taxes and Customs has started designating a single common authority to deal with similar matters of an assesses who has different GST numbers across the country.
The CBIC has recently notified a single authority for adjudication of notices received by BSH Household Appliances Manufacturing. The company has offices in Mumbai, Chennai and Bengaluru and had received GST notices from tax departments in all three cities. To simplify matters related to adjudication for the firm, the CBIC has notified Joint or Additional Commissioner of Central Tax, Bengaluru South Central Excise and GST Commissionerate as the common authority.
The initiative, which is expected to be implemented on a larger scale, is likely to give much reprieve to companies, many of whom are facing GST notices in different states. This is because under GST law, a company that functions in several states has to register separately with the GST authorities and file monthly returns and pay taxes in each state.
Experts said the recent move by CBIC comes in response to persistent representation from taxpayers for a unified and central adjudicating authority to handle adjudication pertaining to similar issues, regardless of the source authority.
The CBIC has recently notified a single authority for adjudication of notices received by BSH Household Appliances Manufacturing. The company has offices in Mumbai, Chennai and Bengaluru and had received GST notices from tax departments in all three cities. To simplify matters related to adjudication for the firm, the CBIC has notified Joint or Additional Commissioner of Central Tax, Bengaluru South Central Excise and GST Commissionerate as the common authority.
The initiative, which is expected to be implemented on a larger scale, is likely to give much reprieve to companies, many of whom are facing GST notices in different states. This is because under GST law, a company that functions in several states has to register separately with the GST authorities and file monthly returns and pay taxes in each state.
Experts said the recent move by CBIC comes in response to persistent representation from taxpayers for a unified and central adjudicating authority to handle adjudication pertaining to similar issues, regardless of the source authority.
Category : GST | Comments : 0 | Hits : 625
Get Free Daily Updates Via e-Mail on Income Tax, Service tax, Excise and Corporate law
Search News
News By Categories More Categories
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000

Comments