GST Council to hold exclusive meeting on MSME Sector grievances on 4th August 2018
GST Council in its 28th Meeting held on 22nd July, 2018, decided to have a Meeting exclusively to focus upon the issues/hardships faced by Micro,Small & Medium Enterprises (MSME) related to GST on 4th August, 2018. The session would consider on all aspects of GST with specific focus upon law, policy, procedure, notifications, rates, GSTN related issues etc. effecting the MSME taxpayers/sector.
In this regard, CBIC has asked Special Secretary GST Council to send letters to all the States & Union Territories, asking them to contact the MSME taxpayers and their trade & Industry Associations in their respective States & UTs, collect their grievances/issues related to GST along with suggestions thereof for mitigating the issues.
Such issues are to be consolidated by the Secretariat of GST Council highlighting the grievances, trade suggestions and their valuable comments / feedback / recommendations and sent to GST Policy Wing of CBIC for preparing comments before being put up to the GST Council.
First-time experience in filing appeal was a reasonable and bona fide cause for delay – ITAT condoned delay In a…
Mere nondisclosure of place of destination in the documents cannot be a ground for seizure u/s 129 of GST Act.…
Imposition of exorbitant interest in contemporary commercial practices not against the fundamental policy of Indian Law, or against the morality…
Assessees was not required to prove the “source of the source‟ of funds received as unsecured loans Prior to the…
The contention that during the pendency of case before settlement commission, the assessee must give up his right to contest…
Entire amount of undisclosed money cannot be treated as income and only estimated profit embedded in these transactions may only…