New Delhi: The indirect tax administration has asked top officers to make sure that the GST registration process remains smooth, and the effort to check false registrations does not lead to burdening requirements for compliance with enterprises.
A new set of instructions has been issued to deal with the difficulties facing applicants during the process of registering tax and services, especially because of questions from officers looking for other documents, the Central Council of Indirect Taxes (CBIC) stated a statement on Friday. These instructions will reduce the burden of taxpayers and facilitate transparency, CBIC said.
The instructions issued on Thursday entrust the officers to strictly follow the prescribed list of documents listed in the application for registration. Documents to be recorded in specific circumstances were given in the instructions, CBIC said.
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“The officers were ordered not to issue notifications on the basis of anticipated reasons, minor discrepancies or other documents that are not necessary for the processing of applications,” he said. “The officers were also ordered to apply for the approval of the representative/assistant of the Commissioner in cases where documents need to be required outside the documents.”
CBIC also asked its leading officers to carefully monitor the processing of applications, physical verification and the nature of the questions. Officers were also recommended to issue appropriate commercial announcements wherever necessary.
“It was also recommended that the officers would deviate from these instructions a strict measure,” Cbic said. “This will further facilitate the process of obtaining GST registration, mitigating compliance with regulations and promoting easy business.”
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Officers were also asked to publish enough employees for registration to ensure timely liquidation.
“On the one hand, the registration of fraudulent companies created to hand over the credit tax (ITC) loan (ITC) must be prevented without any basic delivery (goods or services), on the other hand, it is necessary to ensure that actual registration applicants are not disproportionately harassed,” Cbic said.
The indirect tax system introduced in 2017 is strongly controlled by technology and has robust requirements for transparency and publication at various stages of the supply chain. While the tax system is conceptually healthy and benefits large corporations with resources that meet its requirements, due to the large informal sector of the economy, it is several implementation problems.
GST invites established businesses to trade only with registered GST entities, so the credit chain of the input tax is not disturbed, which is not always possible due to the large informal sector of the economy.
(Tagstotranslate) CBIC
