Monday, December 23, 2019

GENERATION AND QUOTING OF DIN BY CBIC OFFICERS TO TAX PAYERS


                           Circular No. 128/47/2019 – GST dated 23rd December, 2019

 Generation and quoting of Document Identification Number (DIN) on any communication issued by the officers of the Central Board of Indirect Taxes and Customs (CBIC) to tax payers and other concerned person.

 1. Vide the aforementioned Circular:-

(a)The Board had specified that the DIN monitoring system would be used for incorporating a DIN on search authorisations, summons, arrest memos, inspection notices to begin with.

(b) Further, a facility was provided to enable the recipient of these documents/communications to easily verify their genuineness by confirming the DIN on-line at cbic.gov.in.

(c) In continuation of the same, the Board has now directed that electronic generation and quoting of Document Identification Number (DIN) shall be done in respect of all communications (including e-mails) sent to tax payers and other concerned persons by any office of the Central Board of Indirect Taxes and Customs (CBIC) across the country.

(d) Instructions contained in this Para would come into effect from 24.12.2019.

 2.(a)  Accordingly, the online digital platform/facility already available on the DDM’s online portal “cbicddm.gov.in” for electronic generation of DIN has been suitably enhanced to enable electronic generation of DIN in respect of all forms of communication (including e-mails) sent to tax payers and other concerned persons.

(b) On the one hand electronic generation of DIN’s would create a digital directory for maintaining a proper audit trail of communications sent to tax payers and other concerned persons and on the other hand, it would provide the recipient of such communication a digital facility to ascertain the genuineness of the communication.

 3.(a) In this context, the Board also felt it necessary to harmonize and standardize the formats of search authorisations, summons, arrest memos, inspection notices etc. issued by the GST/Central Excise/Service Tax formations across the country. 

(b) Accordingly, the Board had constituted a committee of officers to examine and suggest modifications in the formats of these documents. The committee has submitted its recommendations. The standardized documents have since been uploaded by DDM and are ready to be used. When downloaded and printed, these standardized documents would bear a pre-populated DIN thereon. Accordingly, the Board has directed that all field formations shall use the standardized authorisation for search, summons, inspection notice, arrest memo and provisional release order (the formats are attached). These formats shall be used by all the formations w.e.f. 01.01.2020.

 4. The Board has directed that any specified communication which does not bear the electronically generated DIN and is not covered by the exceptions mentioned in paragraph 3 of Circular 122/41/2019-GST dated 05.11.2019, shall be treated as invalid and shall be deemed to have never been issued.

GST COUNCIL DECISION IN MEENTING ON 18/12/2019



1.Due date for annual return in FORM GSTR-9 and reconciliation statement in FORM GSTR-9C for FY 2017-18 to be extended to 31.01.2020.

2. Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his FORM GSTR-2A shall be restricted to 10 per cent of the eligible credit available in respect of invoices or debit notes reflected in his FORM GSTR-2A.

Analysis:-

Eligible credit available i.r.o invoices     * 10% =  Input Tax Credit that are not reflected in GSTR 2A
or debit notes reflected in GSTR-2A

3. Following measures would be taken to improve filing of FORM GSTR-1:

i. Waiver of late fee to be given to all taxpayers in respect of all pending FORM GSTR-1 from July 2017 to November 2019, if the same are filed by 10.01.2020.

 ii. E-way Bill for taxpayers who have not filed their FORM GSTR-1 for two tax periods shall be blocked.

4.To exempt upfront amount payable for long term lease of industrial/ financial infrastructure plots by an entity having 20% or more ownership of Central or State Government. Presently, the exemption is available to an entity having 50% or more ownership of Central or State Government. This change shall become effective from 1st January, 2020.

5. To levy a single rate of GST @ 28% on both State run and State authorized lottery. This change shall become effective from 1st March, 2020.

6. Due date of filing GST returns for the month of November, 2019 to be extended in respect of a few North Eastern States

 7. To check the menace of fake invoices, suitable action to be taken for blocking of fraudulently availed input tax credit in certain situations.

 8. A Standard Operating Procedure for tax officers would be issued in respect of action to be taken in cases of non-filing of FORM GSTR 3B returns.

9. The Council also approved various law amendments which will be introduced in Budget 2020.

10. Grievance Redressal Committees (GRC) will be constituted at Zonal/State level with both CGST and SGST officers and including representatives of trade and industry and other GST stakeholders (GST practitioners and GSTN etc.). These committees will address grievances of specific/ general nature of taxpayers at the Zonal/ State level.

11. The Council also considered the rate of GST rate on Woven and Non-Woven Bags and sacks of polyethylene or polypropylene strips or the like, whether or not laminated, of a kind used for packing of goods (HS code 3923/6305) in view of the requests received post the changes recommended on such goods in last meeting and recommended to raise the GST to a uniform rate of 18%(from 12%) on all such bags falling under HS 3923/6305 including Flexible Intermediate Bulk Containers (FIBC). This change shall become effective from 1st January, 2020.

Wednesday, December 11, 2019

DUE DATE FOR TDS RETURN FILING


DUE DATE FOR FILING TDS RETURN FOR FY 2019-20

1. QUARTER 1- 01/04/2019 TO 30/06/2019 - LAST DATE IS 31/07/2019

2. QUARTER 2- 01/07/2019 TO 30/09/2019 - LAST DATE IS 31/10/2019

3. QUARTER 3- 01/10/2019 TO 31/12/2019 - LAST DATE IS 31/01/2020

4. QUARTER 4- 01/01/2020 TO 31/03/2020 - LAST DATE IS 31/05/2020