Archives February 2018

What is the treatment of sales return under GST law?

What is the treatment of sales return under GST law?

Please clarify whether advances received under the goods and services tax (GST) regime would attract tax and the document that needs to be raised at the time of receipt of advance. GST law provides for payment of the tax at the time of receipt of advance towards the supply of goods or services. However, with effect from November 15, 2017, the government has exempted all registered taxpayers, except persons opting to pay GST under composition scheme, from payment of tax on advances received after November 15, 2017, against supply of goods. It is pertinent to highlight th…..

GST: What is the procedure to be followed in case of a sale return?

GST: What is the procedure to be followed in case of a sale return?

Is it necessary for all commission agents to register under GST irrespective of the turnover, according to the Section 24? If not, request you to explain which type of agents should compulsorily register? The Central Goods and Services Tax Act defines an agent as a person, including a factor, broker etc, who carries on the business of supply or receipt of goods or services or both on behalf of another. According to the registration provisions under the GST law, certain persons are mandatorily required to take registration even though their annual aggregate turnover may be below the…..

E-way bill may be relaxed for e-commerce players if orders are small

E-way bill may be relaxed for e-commerce players if orders are small

Bihar Deputy Chief Minister Sushil Modi (centre) addresses the media regarding the implementation of e-way bills in New Delhi

E-commerce players such as Amazon and Flipkart may get exemption from having to generate an electronic-way bill (e-way bill) under the goods and services tax (GST) if there are multiple deliveries on the same trip.

The e-way bill is set to be introduced on April 1 for interstate movements of goods worth at least Rs 50,000, and in a phased manner for intrastate movements subsequently.

This is one of the proposals to be tabled before the GST Council on March 10. The Council will also take up other measures to simplify the e-way.

“A slew of changes in the e-way bill are being deliberated in line with the industry demand. The idea is to remove difficulties faced by companies. These will be put before the Council in the next meeting,” said an official.

E-way bills will help the central and state tax authorities to track interstate and intrastate movements of goods that are part of consignments.

The government is likely to give e-commerce players relaxation if orders are small. However, it is not clear if separate e-way bills for multiple orders are required if the same vehicle carries the consignments.

“E-commerce players will be given partial relaxation. They send small packets in one go. This would require them to generate many e-way bills, which is not feasible,” the official said.

In the case of small orders, at least the e-commerce players would not require an e-way bill, he said. “However, an e-way bill may be needed for bigger orders, such as the one for iPhones,” he added.

Besides, the Council may offer exemption from the e-way bill to exports from an inland container depot (ICD) to a port.

“Imports were free from the e-way bill but exports were not. Exempting exports will reduce the load on the system. Movements of goods from the ICD to the port may be exempt,” said another official.

Companies are in a fix as to how the e-way bill will apply if goods are returned. “If I send consignments to a customer who does not accept them, who will issue the e-way bill in the case of the goods returned,” asked a senior executive of a company.

The validity of an e-way bill is 24 hours for 100 km. However, the government may also extend the e-way bill if a truck is held up at a warehouse for more than 24 hours. “It may be treated as an extraordinary situation if a truck needs to be stopped for one-two days at the warehouse. That period could be excluded from validity,” the official quoted above added.

M S Mani, partner, Deloitte, said: “Since the e-way bill is being introduced as an anti-evasion mechanism, B2C (business-to-consumer) transactions that are not susceptible to evasion, such as e-commerce deliveries, and B2B (business-to-business) movements that are well tracked, such as those in special economic zones or ICDs, could have some relaxation.”

However, Pratik Jain, partner, PwC India, pointed out that selective exemption should be avoided.

“Typically a transporter may carry different types of goods and if an e-way bill is not needed for one of such commodities, things may turn complicated. The focus should be on setting up a mechanism to deal with administrative issues as well as transactions such as free-of-cost supplies, sales returns/rejections, and so on,” Jain said.

He said increasing the worth of consignments from Rs 50,000 to Rs 100,000 should be considered.

The National Informatics Centre (NIC) is developing the e-way bill system, while the other information technology matters related to the GST are being managed by the GST Network (GSTN), a private body. The NIC has got an advance of Rs 400 million for this.

Industry has asked the government to keep e-way bill only for sensitive commodities, which was the case in a few states in the pre-GST regime.

A group of ministers on fixing issues relating to the GST portal, headed by Bihar Deputy Chief Minister Sushil Modi, on Saturday recommended rolling out the e-way bill.

The GST collection slowdown had prompted the GST Council to advance the roll-out of the bill on interstate movement of goods on February 1 and for intrastate carriage on June 1. However, it had to be deferred on the first day of the roll-out because the portal crashed.

GST good for logistics but GSTN glitches, compliance major issues, says Ficci

GST good for logistics but GSTN glitches, compliance major issues, says Ficci

Implementation of the Goods and Services Tax (GST) has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of compliance remain major areas of concern, industry body Ficci said on Sunday, citing its survey in this regard.
By: IANS | New Delhi | Published: February 18, 2018 4:44 PM
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GST good, gst, GSTN, MSME, GST portal, gst returns, SEZ, news on gst According to Ficci, all the respondents of the survey pointed out issues with the robustness and volume handling capacity of the GST portal.
Implementation of the Goods and Services Tax (GST) has had a positive impact on the logistics of businesses, while glitches in the GSTN portal, cumbersome procedures and cost of compliance remain major areas of concern, industry body Ficci said on Sunday, citing its survey in this regard. The Federation of Indian Chambers of Commerce and Industry (Ficci) had conducted a survey on the experiences of micro, small and medium enterprises (MSMEs), as well as large corporates, on the first six months of the GST which was rolled out from July 1. “More than 60 per cent of respondents stated that their experience with respect to inter-state transportation of goods has been good in terms of check-posts,” a Ficci release said here.

“More than 50 per cent of respondents mentioned that goods vehicles are no longer stopped and checked at state borders, and 59 per cent respondents have cited reduction in transportation time after GST has been implemented.”

“Amongst the key issues faced with respect to GST implementation, the industry has highlighted glitches in GSTN portal, cumbersome procedures and documentation and cost of compliance as the major areas of concern that need to be addressed,” it added.

According to Ficci, all the respondents of the survey pointed out issues with the robustness and volume handling capacity of the GST portal. “Problems like delayed reflection of updated data as well as payments, delays in process of input credit set-offs, inability to upload heavy files of certain formats and lack of provision to modify or revise errors posed major challenges to businesses.

“Respondents suggested that a major revamp of the portal was necessary to make it more efficient. There should be provisions for auto set-off of the liability against available credit.” Monthly filing of GST returns has been cited as a “cumbersome procedure”, according to the industry chamber.

“Around 78 per cent of the respondents suggested that the periodicity of return filings for those taxpayers having aggregate turnover above Rs 1.5 crore should be changed from monthly to quarterly,” the statement said. “For services providers, multiplicity of registrations was a concern as a separate registration is now required with every state where service is being provided.”

“Respondents to the survey emphasised that filing of returns be made simpler. There should also be a centralised registration for inter-state services,” it added. Regarding the e-way bill, the respondents found the current limit of 10 km to be inadequate for the purpose of updating details of goods on the portal.

“Respondents, especially small businesses, felt that the e-way bill need not be introduced as it was only an additional compliance requirement, as all details of sale and purchase were readily available on the portal,” Ficci said. “It was suggested that the minimum limit for requirement be increased to 50 km and there be no requirement of e-way bill for movement of goods within the city limits.”

The survey revealed that businesses, especially exporters, faced difficulty in claiming refunds. “The mismatch between shipping bill date and tax invoice date does not allow initiating refund of Integrated GST (IGST) paid on exports. They have suggested that this condition of matching shipping bill date and tax invoice should be waived off,” the industry chamber said.

“Firms which supply raw materials to its SEZs (special economic zone) locations in other states are liable to GST as such a transfer is considered sales and is not getting a zero-rating benefit. “Such transfers for captive consumptions should not be charged under GST.” According to most respondents, there is also need for greater clarification on the anti-profiteering provisions “to ensure that they do not lead to undue harassment”.

10 income tax rules which will change from April 1

10 income tax rules which will change from April 1

As a taxpayer we need to be aware of the new income tax rules as they are going to impact our earnings as well as the day-to-day lives starting from the financial year 2018-2019.

Budget 2018, income tax rules, new tax rules, tax rules for 2018-2019, standard deduction, Health and Education Cess, LTCG, tax benefits for senior citizens, health insurance
Budget 2018 didn’t make any changes in the tax rates or tax slabs for individuals and HUFs, which continue to remain the same for Assessment Year 2019-20 as applicable for AY2018-19.
Contrary to expectations, the Budget 2018 failed to do much for taxpayers as well as the salaried class. However, some sections of society, particularly senior citizens, gained much from its proposals. Whatever be the case, as a taxpayer we need to be aware of the tax proposals of this year’s Union Budget as they are going to impact our earnings as well as the day-to-day lives from the upcoming financial year (2018-2019). Here we are taking a look at 10 such tax rules which will change from April 1, 2018:

1. Health and Education Cess

The Budget 2018 didn’t make any changes in the tax rates or tax slabs for individuals and HUFs, which continue to remain the same for Assessment Year 2019-20 as applicable for AY2018-19. However, it has proposed a new cess – Health and Education Cess – which will be levied at the rate of 4% of income tax, including surcharge, in place of the current 3% Education, Secondary and Higher Education Cess from Financial Year 2018-19 onwards.

2. Reintroduction of standard deduction

At present no standard deduction is available for salaried employees. However, exemption in respect of transport allowance and reimbursement of medical expenses is provided. The Budget 2018 has proposed a standard deduction of a maximum of Rs 40,000. However, the current exemption in respect of transport allowance and reimbursement of medical expenses will be withdrawn. The net benefit will only be Rs 5,800.

3. Deduction in respect of interest earned by senior citizen

Currently, a deduction up to Rs 10,000 is allowed to all individuals in respect of interest income from deposit accounts (not being time deposits) held with any bank, co-operative society and post office.

It is proposed to allow a deduction up to Rs 50,000 in respect of interest income from deposits held with banks, co-operative society and post office by senior citizens. No separate deduction will be available under section 80TTA for interest income from savings account for senior citizens.

4. Medical treatment of senior citizens for specified diseases (Sec 80DDB)

Under the existing provisions, deduction is available to resident individuals and Hindu Undivided Family (HUF) for any amount incurred for the medical treatment of specified diseases (i.e. malignant cancers, AIDS, etc). The deduction is limited to Rs 60,000 for expenses relating to senior citizens and Rs 80,000 with respect to very senior citizens. The Budget has proposed to enhance the above deduction limit to Rs 100,000 uniformly for both categories.

5. Enhanced deduction for health insurance, medical expenditure related to senior citizens (Section 80D)

Under the existing provisions, a maximum deduction of Rs 30,000 is allowed to an individual or HUF for payment towards health insurance premium including Rs 5,000 towards preventive health check-up for resident senior citizens. Alternatively, very senior citizens can claim a deduction of Rs 30,000 for payment towards medical expenses where there is no insurance. The Budget 2018 has proposed a maximum deduction of up to Rs 50,000. Besides senior citizens can also claim the deduction for medical expenditure.

6. Compensation on termination or modification of employment

Currently, certain compensation in connection with employment is out of the purview of taxation, leading to base erosion and revenue loss.

“It is proposed that any compensation or other payments due to or received by any person in connection with the termination or the modification of the terms and conditions of any contract relating to his employment shall be taxable under the head income from other sources,” according to a Deloitte report.

7. Extending the benefit of tax-free withdrawal from NPS

At present, an employee contributing to the National Pension System (NPS) is allowed an exemption in respect of 40% of the total amount payable to him on closure of his account or on his opting out. This exemption was not available to non-employee subscribers. The Budget 2018 now proposes to extend the said benefit to all NPS subscribers.

8. Taxability of Long-Term Capital Gains on equity shares

The Budget 2018 has proposed 10% tax on the long-term capital gains (LTCG) arising out of the sale of equity-oriented mutual fund (MF) schemes as well as equity shares, in case of capital gains exceeding Rs 1 lakh in a year. Also, no benefit of indexation will be given.

9. Exemption from taxation of long-term capital gains invested in specified bonds

Deduction under section 54EC is available in respect of capital gain, arising from the transfer of a long-term capital asset, invested in the long-term specified asset at any time within a period of six months after the date of such transfer. Long-term specified asset means any bond, redeemable after three years and issued on or after the 1st day of April, 2007 by the National Highways Authority of India (NHAI) or by the Rural Electrification Corporation Limited (RECL); or any other bond notified by the Central Government. Now Section 54EC is proposed to restrict the exemption in respect of capital gain arising from the transfer of a long-term capital asset, being land or building or both only and not other capital assets. Further, it is proposed to allow the benefit when the redeemable period of specified bonds is 5 years.

10. Taxability of single premium health insurance policies

In case of single premium health insurance policies having the term of more than a year, the Budget 2018 has proposed that deduction should be allowed on proportionate basis for the number of years for which the cover is provided, subject to the specified monetary limit.

70% IGST refund stuck due to flawed claims filed by exporters: CBEC

70% IGST refund stuck due to flawed claims filed by exporters: CBEC
By PTI | Feb 25, 2018, 10.57 PM IST

The apex indirect tax authority also said where exporters have already filed information through Table 9 of GSTR-1, the said information is being validated by GSTN.
NEW DELHI: As about 70 per cent of GST refunds stuck due to flawed information, the CBEC has asked exporters to amend the details in the final returns of subsequent month to enable the department to process the refund claims by March.
The Central Board of Excise and Customs (CBEC) has sanctioned Rs 4,000 crore worth refunds to exporters in 4 months since October. Still about Rs 10,000 crore worth claims are stuck due to discrepancies in the information furnished by exporters to GST Network (GSTN) in filing GSTR 1 or Table 6A or GSTR 3B and shipping bill filed with Customs.
“The analysis of data indicates that only about 32 per cent records of GSTR 1 / Table 6A have been transmitted from GSTN to Customs. In other words, a majority (about 70 per cent) of refund claims are held up either due to insufficient information or lack of due diligence on the part of exporter while filing GST returns,” the CBEC said in a communication to Principal Commissioners.

The analysis of claims data post October 2017 indicate that while the quantum of error is decreasing, a large number of exporters are still filing incomplete GSTR 1 or Table 6A, where shipping bill number or date or port code are missing.
“These records are not processed / forwarded to Customs by GSTN. E-mails have been sent to exporters asking them to correct their records through amendment process of GSTR 1 i e through Table 9 of GSTR 1 of the following month,” the CBEC said.

The CBEC had in October 2017 started refunds for exporters of goods who have paid Integrated GST (IGST) and have claimed refund based on shipping bill by filling up Table 6A. While for those businesses making zero rated supplies or those want to claim input credit have to fill Form RFD-01A.
Analysis of GSTN data show that in a large number of cases, the refund claimed by an exporter is higher than the GST paid by him and consequently, the information filed by exporters is not forwarded to Customs by GSTN.
“In these cases also, e-mails have been sent to exporters asking them to correct their records through amendment process of GSTR 1 i e through Table 9 of GSTR 1 of the following month,” the CBEC said.
The apex indirect tax authority also said where exporters have already filed information through Table 9 of GSTR-1, the said information is being validated by GSTN. “The validated information is expected to be forwarded by GSTN to Customs by mid-March 2018 for further processing”.
AMRG & Associates Partner Rajat Mohan said the issue could be resolved if GST compliance structure is simplified and government programmes are designed to achieve a robust digital literacy in the long run.
“IGST refund to exporters are issued in a fully automatised environment, and even a smallest mismatch in invoice number results in non-issuance of refunds. Now, government has planned to provide an alternative mechanism whereby exporters can get such errors rectified with the help of a manned interface placed at Customs department. This could address the worries of the exporters if this manned intervention is operated timely,” Mohan said.
The CBEC listed out the major errors that are committed by the exporters in claiming refunds. These are mismatch of invoice number, taxable value and IGST paid in the Shipping Bill vis-a-vis the same details mentioned in GSTR 1 / Table 6A, incorrect shipping bill numbers in GSTR-1, GSTIN declared in the shipping bill does not match with the GSTIN used to file the corresponding GST returns.
Besides, there are instances of non-filing or incorrect filing of electronic Export General Manifest (EGM).
“Information is being made available to exporters on a real-time basis with regard to the errors status on ICEGATE website for registered users. Details of refund sanctioned is being sent through SMS on registered mobile phones,” the CBEC noted.

GST: E-Way Bills To Be Implemented Starting April 1

GST: E-Way Bills To Be Implemented Starting April 1

Starting April 1, inter-state movement of goods worth Rs 50,000 will need generation of e-way bills, Bihar Deputy Chief Minister Sushil Modi said at a media briefing on Saturday. The briefing followed a meeting of the Group of Ministers held to monitor the launch of e-way bill system and decide on a new return filing framework for the Goods and Services Tax.

Generation of e-way bills for movement of goods within a state will be adopted in a phased manner, starting with 4-5 states initially, said Modi who heads the GoM tasked with overseeing the GST information technology framework. This proposal on intra-state e-way bills will be tabled in the GST Council’s meeting on March 10 for final approval.

After the portal that was to generate e-way bills crashed on February 1- the earlier date for implementation – the generation of such invoices was deferred. The date to begin a phased roll out of intra-state e-way bills will be notified later, Modi said. He added that about 9.5 lakh taxpayers have registered on the e-way bill portal, and around 6.5 lakh e-way bills are being generated daily as part of the trial runs.

The recommendation of a phased launch of intra-state e-way bills will enable businesses to become ready over a period of time, said MS Mani, senior director at Deloitte India in an emailed statement. This will give time to the GST Network to overcome glitches that arise during the initial phase, he added.

‘No Decision on GST Return Simplification Yet’

In its meeting today the GoM was also expected to decide on a new, simpler-to-comply-with GST returns filing framework but discussions remained inconclusive. The committee could not decide on whether provisional input tax credit should be given to taxpayers, or credit should be given once the tax is paid by them, Modi said.

A committee headed by Ajay Bhushan Pandey, chairman of the GSTN, had made recommendations to the GoM.

An official involved in the deliberations but who preferred to remain unnamed described two proposals made by the committee. In one the seller uploads all invoices and the buyer acknowledges the invoices. Based on this, the buyer would get credit for tax paid. A notification window would be available for the buyer to alert the seller if invoices have not been uploaded. Until the seller uploads invoices no input tax credit would be available. This model was proposed by Infosys Chairman Nandan Nilekani who has been advising the government on simplification of return filing.

The other proposal is to provide provisional credit to the buyer in case an invoice has not been uploaded by the seller. However, if the seller disputes that transaction, the credit given to the buyer would be reversed, explained the official quoted above.

In both proposed models the onus of uploading invoices will be on the seller and the buyer will have to simply acknowledge them.

“We can put various suggestions (on the return filing procedure) before the GST Council,” Modi said. Till the time a new framework for GST return filing comes up, filing of GSTR-3B returns will continue, he added.

ई-वे बिल जो मार्च के पहले हफ्ते में लागू किया जा सकता है

ई-वे बिल जो मार्च के पहले हफ्ते में लागू किया जा सकता है

जीएसटी में ई-वे बिल की शुरुआत टैक्स चोरी रोकने के लिए की गई है. अक्टूबर में टैक्स वसूली में गिरावट को लेकर टैक्स चोरी को सरकार ने एक बड़ी वजह बताया है.

तकनीकी खामियों के कारण 1 फरवरी से लागू होने वाला ई-वे बिल मार्च के पहले हफ्ते से लागू किया जा सकता है. वस्तु एवं सेवा कर (जीएसटी) परिषद ने वस्तुओं को एक राज्य से दूसरे राज्य ले जाने के लिए ई-वे बिल व्यवस्था को सात मार्च से लागू करने की तैयारी में है. 10 किलोमीटर से ज्यादा दूरी पर माल लाने और ले जाने पर ई-वे बिल जरूरी होगा. यह बिल ऑनलाइन निकलेगा. ई-वे बिल की खासियत यह है कि इसकी दूरी सड़क, रेल मार्ग की बदले गूगल मैप से निकाली जाएगी. यानी कितनी दूर माल भेजा इसकी जानकारी ऑनलाइन गूगल मैप से ही पता चल जाएगा. ऐसे में गड़बड़ी की आशंका कम रहेगी.

मीडिया रिपोर्ट्स के मुताबिक, इनफारमेटिक्स सेंटर (एनआईसी) ने सरकार से ई-वे बिल सिस्टम को एक अप्रैल से लागू करने का अनुरोध किया था लेकिन सरकार ने इसे पहले लागू करने का मन बनाया है, ताकि व्यावहारिक दिक्कतों को भी समय रहते दूर किया जा सके और एक अप्रैल से चुस्त-दुरुस्त व्यवस्था रखी जा सके. राज्यों के भीतर ई-वे बिल की अनिवार्यता के लिए राज्य सरकारों को जून तक का समय दिया गया है. केंद्र सरकार की कोशिश है कि ई-वे बिल पोर्टल रोजाना लाखों बिल उत्पन्न करने की क्षमता पर खरा उतरे.

ई-वे बिल इलेक्ट्रानिक तरीके से निकाले जा सकेंगे. ई-वे बिल निकालने के लिए आधिकारिक पोर्टल पर जीएसटीआईएन देकर अपना पंजीकरण करा सकेंगे. ऐसे ट्रांसपोर्टर जो जीएसटी में पंजीकृत नहीं हैं अपना पैन या आधार नंबर देकर खुद को ई-वे बिल प्रणाली में शामिल कर सकेंगे और ई-वे बिल निकाल सकेंगे. ई-वे बिल को उसे निकालने के 24 घंटे के भीतर रद्द करने का भी प्रावधान है.

जीएसटी में ई-वे बिल की शुरुआत टैक्स चोरी रोकने के लिए की गई है. अक्टूबर में टैक्स वसूली में गिरावट को लेकर टैक्स चोरी को सरकार ने एक बड़ी वजह बताया है.

Infosys chief Nandan Nilekani plan on GST invoice matching may be tweaked

Infosys chief Nandan Nilekani plan on GST invoice matching may be tweaked

By Dilasha Seth | New Delhi

Last year, technocrat Nandan Nilekani returned to IT major Infosys, which is the tech-enabler for the GST Network

The model proposed by Infosys Chairman Nandan Nilekani for ‘invoice matching’ to plug tax evasion under the goods and services tax (GST) may be tweaked, ensuring a smooth flow of input tax credit (ITC) to assessees.

The group of ministers (GoM) headed by Bihar Deputy Chief Minister Sushil Modi will meet on Saturday to finalise single-stage, simplified, return filing under the GST, and the report will be placed before the GST Council in its meeting on March 10.

The onus of matching invoices to claim input tax credit will fall on taxpayers instead of the IT backbone, the GST Network (GSTN).

“Most states are in favour of the proposal and it is much simpler. There will be a single-stage filing process. The GoM will take the final decision on the matter on Saturday. There will be no filing of returns but only uploading of invoices,” said a government official.

The move, if approved, will require taxpayers to file a single GST return, replacing three returns — GSTR 1, 2, 3 and the summarised return GSTR 3B.

Invoice matching will be at the seller-purchaser level offline. According to the proposal, the seller will upload invoices, which will be acknowledged by the purchaser. The system will put the onus on the seller.

In a shift from Nilekani’s proposal for blocking credit in the case of mismatch in invoices, the GoM may decide to allow releasing input tax credit provisionally to the buyer.

“In the offline system, the invoice a seller uploads will be visible to the purchaser. The buyer will only have to upload those invoices missed by the seller. The notification will go to the seller about the missing invoices,” the official said.

According to the Nilekani model, input tax credit will be available only after uploading invoices. Nilekani returned last year to Infosys, which is the tech-enabler for the GST Network.

The Council in its November meeting deferred invoice matching till March to ease the compliance burden of taxpayers.

Under the earlier system, returns filed under forms such as GSTR-1 (sales) and GSTR-2 (purchase) were automatically matched with GSTR-3 to ensure that the claims made by the taxpayer were correct. Currently, taxpayers are filing GSTR 3B and GSTR 1 and claiming input tax credit.

The government has been working to bring back the suspended invoice-matching system after the fall in GST revenues raised concerns over tax evasion.

GST revenue collections fell to Rs 808.08 billion in November, the lowest since the roll-out of the indirect tax in July last year, but recovered to Rs 880 billion in December.

“If the buyer uploads the invoices missed by the seller, input tax credit will be issued to the purchaser on a provisional basis,” said a government official.

Eventually, the buyer will get an alert from the seller on uploading invoices.

Input tax credit will be reversed if the seller fails to upload the missing invoices in time. The department will automatically treat it as a complaint and start probe.

“That will be interpreted to mean that either the purchaser has uploaded fake invoices or the seller has not uploaded the invoice. A probe will be carried out,” said the official.

Experts say the proposal is much simpler than the current mechanism but it requires to be in-built into the system and the industry should be given sufficient time to grasp it.

Technocrat to help govt in building IT infra for healthcare scheme

Tech billionaire Nandan Nilekani will assist the government in developing Information technology infrastructure for the mega National Health Protection Scheme, which seeks to cover 100 million families, a senior NITI Aayog official has said.

The IT  infrastructure for the health care scheme will be of a huge scale as was required for Aadhaar and will have to be scaled up gradually in view of the massive range of the programme. Former Unique Identification Authority of India (UIDAI ) chairman Nilekani — the brain behind the Aadhaar — is also a member of the goods and services tax return simplification committee.

“We have consulted Nilekani, we want to build Aadhaar-like model for the scheme (NHPS)… He has agreed to help us,” the official said.

Circular on Orders of Supreme Court, High Courts and CESTAT accepted by the Department and on which no review petitions, SLPs have been filed- reg

PRESS RELEASE

Dated : 16.02.2018

Subject: Circular on Orders of Supreme Court, High Courts and CESTAT
accepted by the Department and on which no review petitions, SLPs have
been filed- reg

Central Board of Excise and Customs has issued circular No. 1063/2/2018-CX dated
16.02.2018 on the subject “Orders of Supreme Court, High Courts and CESTAT accepted
by the Department and on which no review petitions, SLPs have been filed”, in relation
to indirect taxes.
2. The Circular compiles 63 orders which have been accepted by the Department. In
fourteen of these orders Hon’ble High Courts have decided various questions of law. In
the rest the Hon’ble High Courts have delivered judgments on the basis of some settled
case law or have decided points of facts or have dismissed the appeal on monetary
grounds. The said orders which have been accepted by the Department have been
complied in the Circular so that cases pending in the field can be expeditiously decided, if
the questions of law or facts involved are identical.
3. This exercise has been undertaken as an endeavour to reduce litigations so that cases
on similar questions of law or identical case on facts pending in the field can be decided.