FinMin notifies GST grievance redress panel for tax payers
PrintListen to this Article
The Council in its 38th meeting held on December 18 decided that a structured mechanism be set up for the taxpayers under GST to tackle grievances of taxpayers on GST-related issues of specific/general nature, Commissioner of AGST Policy wing of the Finance Ministry in a letter to all Chief Commissioners of Central Tax & GST and all Chief Commissioners/Commissioners of State Tax said on Wednesday.
The Council has approved constitution of 'Grievance Redressal Committee (GRC)' at Zonal/StateAlevel consisting of both Central Tax and State Tax officers, representatives of trade and industry and other GST stakeholders.
The Committee will examine and resolve all issues being faced by the taxpayers, including procedural difficulties and IT-related issues pertaining to GST.
It also can refer any issue requiring a change in Act/rules/notification/ form/circular/instruction to the GST Council Secretariat and the relevant Policy Wing of the CBIC (Central Board of Indirect Taxes and Custom). IT-related issues will be referred to GSTN.
Whenever a GST policy related issue is referred by a GRC, the Policy Wing of CBIC would examine the said policy issue, and if required, would make suitable recommendations to process it for placing it before the GST Council for its consideration.
In case, where there are more than one state corresponding to a single Central Tax Zone, the Grievance Redressal Committee will be constituted at state level for each State. Where there are more than one Central Tax Zones in a state, the committee would be constituted at the zonal level.
Each zonal/state level redressal Committee will comprise zonal principal chief commissioner/chief commissioner of Central tax (Co-chair) , chief commissioner/commissioner of state tax (co-chair), representatives of various trade associations (up to 12).
Representatives of prominent associations of tax professionals such as chartered accountants, tax advocates, tax practitioners (up to 4 in number), nodal officer of ITGRC of the Central Tax and Nodal officer of ITGRC of the state tax will also be part of it.#casansaar (Source - IANS, Economic Times)
Category : GST | Comments : 0 | Hits : 756
TEST
Dear Taxpayers, 1. GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. The effort is to improve user experience and ensure that the information you need is accessible and easy to navigate. 2. Key Enhancements Include (PDF with screenshots attached): i. News and Updates Section: We have introduced a dedicated tab for all news and updates. This section now includes a bet...
The Supreme Court on Friday issued notices to the central government, the Central Board of Indirect Taxes and Customs (CBIC), the Goods and Services (GST) Council and the National Anti-Profiteering Authority (its functions have been taken over by the Competition Commission of India) on a petition challenging a Delhi High Court verdict, upholding the constitutional validity of anti-profiteering provisions filed by a real estate company. The petition, filed by Swati Realty, says the high court ...
The delectable Malabar Parota will taste even better with the Kerala High Court ruling that the popular flatbread will attract GST at 5 per cent and not 18 per cent. With this the court has turned down order by the State’s Authority of Advance Ruling (AAR) and Appellate Authority for Advance Ruling (AAAR). Disposing a petition by Kochi-based Modern Food Enterprises, a single judge bench of Justice Dinesh Kumar Singh said if key inputs (cereals, flour, starch, etc) and preparations are s...
A businessman from Delhi was taken into custody by the Noida police for his alleged involvement in a massive Rs 15,000 crore GST fraud that was exposed last year, TOI reported. Tushar Gupta, aged 39 and residing in Tilak Nagar, was arrested as the 33rd suspect in this case. The police revealed that Gupta had exploited input tax credit (ITC) using 35 fake companies, resulting in a loss of Rs 24 crore to the exchequer over the past two years. He was reportedly part of a syndicate that utiliz...
Comments