CBDT vide Notification No. 139/2021/F. No. 370142/66/2021-TPL dated 28.12.2021 substituted the Faceless Appeal Scheme, 2020 ("old scheme") with Faceless Appeal Scheme, 2021 ("new scheme").
If supplier does not file GSTR-1 timely and correct it can affect the business relationship adversely and the recipient can also recover interest from supplier as recipient cannot claim ITC of the same.
The Hight Courts and the Apex Court of India has given vide power of supervisory role and to hear and decide cases based on some specific criteria. These courts generally do not interfere the normal proceedings of Quasi-Judicial Authorities and Tribunals or other forums.
So when failure knocks on your door, don't fear, rather do come back with more vigor.
With the beginning of the new year there are certain dates which needs to be taken care of, here is the list of compliance due date for the month of January 2022.
I have compiled this article to discuss a critical radical change that is happening in the E-waybill GST Regulatory Framework.
Statutory Tax Compliance Tracker for the month of January, 2022
The EPS' 95 scheme applies to all the employees of factories and other establishments to which the Employees Provident Funds and Miscellaneous Provisions Act, 1952 applies. Employee Pension Scheme (EPS) came into force on 16th November 1995.
PROBLEMS ARE NOT THE ROAD BLOCKERS IN OUR WAY, RATHER THEY ARE THE PATHWAYS THAT LEAD US TO THE JOURNEY OF PERSONAL DEVELOPMENT.
The CBIC vide Notification No. 18/2021-Central Tax (Rate) dated December 28, 2021 has issued amendments in the Goods Rate Notification w.e.f. January 1, 2022