GST

Compendium of Instructions on GST Refunds and Operational Manual on Internal Audit

Compendium of Instructions on GST Refunds and Operational Manual on Internal Audit
The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley releases a Compendium of Instructions on GST Refunds and a Copy of the Operational Manual on Internal Audit 

On the occasion of 43rd Foundation Day of the Indian Civil Accounts Service (ICAS), the Controller General of Accounts (CGA) and his team of senior officers along with the Expenditure Secretary, Shri G.C. Murmu called on the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley in his office here today and briefed him on two recent achievements: Refunds of GST, and Operationalisation of PM-KISAN Scheme.  

CGA presented a Report on Total GST Refunds made till date in this Financial Year 2018-19 which is about Rs. 84,000 crore. Under PM-KISAN Scheme, funds have been transferred into the accounts of more than 1 crore beneficiaries. On this occasion, a short film on ARPIT (Accounting and Reconciliation Portal of Indirect Taxes) was also shown to Finance Minister. 

Earlier, the Finance Minister, Shri Arun Jaitley  released a Compendium of Instructions on GST Refunds and a Copy of the Operational Manual on Internal Audit. The Finance Minister congratulated CGA and his team on the occasion of Civil Accounts Day and appreciated the good work being done by ICAS. 

Share

Recent Posts

  • Income Tax

Addition based on letter of District Magistrate not recovered during search deleted

Addition deleted as it was made on the basis of letter of District Magistrate which not recovered during the search…

9 hours ago
  • Income Tax

CBDT clarification on threshold for TDS on interest by banks under Income Tax Act 2025

Banks not required to deduct TDS under Income Tax Act 2025 on interest income below threshold limit - CBDT clarification …

10 hours ago
  • Income Tax

Allegations of delay in TDS deposit & person responsible must be tested at trial

Allegations of delay in TDS deposit, role of person responsible are disputed factual matters which must be tested at trial…

21 hours ago
  • Income Tax

Generation & allotment of UIN in Form No. 121 declaration for payment without TDS

Procedure, formats and standards for generation and allotment of Unique Identification Number (UIN) in respect of Form No. 121 declaration…

1 day ago
  • Income Tax

Penalty u/s 270A deleted as AO failed to mention the relevant clause the case fall

Penalty u/s 270A deleted as AO failed to mention under which clause the case of the assessee fall. In a…

2 days ago
  • Income Tax

Income by deploying ex-servicemen as security guards not business activity

Income of section 25 company by deploying ex-servicemen as security guards was not business activity. In a recent judgment, Kerala…

3 days ago