{"id":6317,"date":"2017-12-18T15:08:01","date_gmt":"2017-12-18T15:08:01","guid":{"rendered":"https:\/\/sunkrish.com\/?p=6317"},"modified":"2017-12-30T10:23:54","modified_gmt":"2017-12-30T10:23:54","slug":"modi-government-set-to-issue-notices-to-gst-defaulters","status":"publish","type":"post","link":"https:\/\/sunkrish.com\/index.php\/2017\/12\/18\/modi-government-set-to-issue-notices-to-gst-defaulters\/","title":{"rendered":"Modi government set to issue notices to GST defaulters"},"content":{"rendered":"
\"\"<\/a>
Due to postponement of measures under the GST such as matching returns, the e-way bill, and the reverse change mechanism, assesses have found a way to avoid paying taxes.<\/span><\/figcaption><\/figure>\n

The government it seems is in no mood to lower its guard on the tax collection front as it looks to send notices to GST defaulters.<\/p>\n

 <\/p>\n

According to a report in Business Standard, the government is set to issue notices who have failed to file returns.<\/p>\n

 <\/p>\n

Due to postponement of measures under the GST such as matching returns, the e-way bill, and the reverse change mechanism, assessees have found a way to avoid paying taxes. This has prompted a hardening stand on revenue leakages, as per a government official.<\/p>\n

 <\/p>\n

In July, the Central Board of Excise and Customs (CBEC) had asked its officers to go easy on taxpayers till GST\u2019s teething problems were solved. But CBEC Chairperson Vanaja Sarna in a letter to his officers has said \u201csending out notices to those assessees under your jurisdiction who have failed to file returns may be considered.\u201d<\/p>\n

 <\/p>\n

GST collections slowed to their lowest at Rs 83,346 crore in October as the integrated GST was used as credit and rates were revised downward, the report said.<\/p>\n

 <\/p>\n

The government official further said that reduction in the GST rates for more than 200 items last month might also affect collections. Fearing a slump in revenue collections, the GST Council on Saturday decided to implement the nationwide roll-out of the electronic way bill on interstate movements of goods from February 1 and for interstate carriage from June 1.<\/p>\n

 <\/p>\n

Source: MoneyControl.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The government it seems is in no mood to lower its guard on the tax collection front as it looks to send notices to GST defaulters.   According to a report in Business Standard, the government is set to issue … Continued<\/a><\/p>\n","protected":false},"author":1,"featured_media":4904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,4,493,491],"tags":[618,535,972,295],"class_list":["post-6317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-business-advisory-services","category-financial-corporate-services","category-economy-business-updates-corporate-affairs","category-income-tax-e-filing-of-returns-for-individuals-partnerships-companies","tag-central-board-of-excise-and-customs-cbec","tag-goods-and-services-tax-gst","tag-gst-network-gstn","tag-taxation"],"_links":{"self":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/6317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/comments?post=6317"}],"version-history":[{"count":7,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/6317\/revisions"}],"predecessor-version":[{"id":6324,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/posts\/6317\/revisions\/6324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media\/4904"}],"wp:attachment":[{"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/media?parent=6317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/categories?post=6317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sunkrish.com\/index.php\/wp-json\/wp\/v2\/tags?post=6317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}