A detailed summery of June 2023 GST updates

1. E-Invoicing: Applicability limit reduced to Rs. 5 Crores from 1st August 2023

a.      [10/2023-CTR dated 10.05.2023

2. Due Date Extension: For the State of Manipur for the tax period April, due date of GSTR-1, GSTR-3B and GSTR 7 was extended till 31st May 2023 

o   [11, 12 & 13/2023-CTR dated 24.05.2023]

3. Scrutiny of Return: DG System has developed an online module for scrutiny of returns. Selection of returns shall be done by DGRAM who will select GSTIN registered with Central Tax authorities based on identified risk parameters. GSTINs selected for scrutiny for 2019-20 have been made available on the dashboard of the proper officer of Central Tax on ACES-GST application. Also following information has been made available for convenience of proper officer:

1. Details of risk parameters involving risk/discrepancies in respect of GSTIN
2. Amount of tax/discrepancy involved for each parameter

Proper officer shall finalize a month wise scrutiny schedule with approval of divisional assistant/deputy commissioner, prioritizing riskier GSTINs having higher risk implications. 

The  Principal Commissioner will monitor that schedule identified in Scrutiny Module is adhered by officers under his jurisdiction. Minimum 4 GSTINs to be scrutinized every month involving scrutiny of all the returns pertaining to FY

1. For scrutiny of returns following data to be checked:

1. Various returns and statements furnished by registered person
2. Data made available through

1. 1. DGRAM
   2. ADVAIT
   3. GSTN
   4. E way Bill Portal

1. No documents/records to be sought from the taxpayer for the purpose of scrutiny and a proper officer is expected to rely upon only information available on records
2. Minimal Interface between taxpayer and officer is expected for scrutiny.
3. Payments made through DRC-03 also to be considered while communicating discrepancy
4. ASMT-10 to be communicated on portal only without making any manual communication of ASTM-10
5. Quantification of tax, Interest and other amount payable to be done in ASMT-10, as far as possible.
6. Specific discrepancy to be communicated and not vague and general
7. Worksheets and supporting documents of ASMT-10 to be uploaded on portal 

Timelines:

1. Reply of Notice by registered person: Within 30 days of further period permitted by proper office
2. Satisfactory Disposal of Notice ASMT-12: With in 30 days from receipt of reply
3. Where no reply is furnished, appropriate action u/s 73/74/65/66/67 to be taken in 15 days from expiry of 30 days provided for reply
4. Where reply submitted is not satisfactory, appropriate action u/s 73/74/65/66/67 to be taken within 30 days from receipt of reply.   

o   [02/2023-GST]

4. Special Drive against Fake Registration: The Central Board of Indirect Taxes has started a drive against fake GST Registration.

1. There has been mis-use of faceless process by way of Misuse of the identity proofs and obtaining the fake / bogus / no-genuine registration under the GST
2. They also undertook bill trading / passing on the irregular input tax credit
3. This has led to huge revenue loss to the government

The Government has initiated a special drive against fake GST registration. This special drive period is from 16th May 2023 to 15th July 2023. However, there is no need to panic as the survey is only for fake and suspicious registrations which has been identifies on the basis of data analysis and risk parameters by GSTN and field officials.
 o  [01/2023-GST]