The government authorities have been on regulating the business laws strictly and are keeping a watch for tax fraud and mismatch cases etc. The best practice to avoid GST litigation is following the rules but mishaps happen all the time. So, here, we discuss, how to handle litigation in 5 easy steps.
Let us take some time to get ourselves braced up for the “assessment scenarios”. The first and foremost step in the chain of Assessments is a “Provisional Assessment”.
GST Audit is the process of examining a taxable person’s records, returns, and other documentation. There are 3 types of audits as mandated by the GST law, they are – Statutory GST Departmental Audit, and Special Audit. In this article, we have covered the GST departmental audit and how you can handle it better.
An audit is a term that is generally used for official inspection and verification of documents by an Independent body, usually for financial accounts.
A show cause notice under GST may be issued by the GST authorities to a business or individual for various reasons, such as non-compliance with GST laws and regulations, evasion of tax, or other suspected offenses.
We have covered how an appellant can raise an application to a higher court/authority for the reversal or revision of an order, as passed by a lower court/authority.
GST Appellate Tribunal (GSTAT) or simply the Appellate Tribunal is the second appeal forum under GST i.e. for any dissatisfactory order passed by the First Appellate Authorities, an application for revision of the same can be raised to the National Appellate Tribunal.
If an appellant feels aggrieved by any findings, observations or conclusions made by the authority granting the order, they can consider initiating an appeal. It is the most important part of the appeal. Grounds of appeal in GST represent those issues which show the nature of the dispute between the assessed and the revenue. Read the article to know more!
If a taxpayer fails to file his\her returns, the taxpayer receives a notice from the government in form GSTR 3A. Know more about the payment structure here!
If a registered taxpayer does not file his/her GST returns on the given due date, he is liable to be penalised as per the notice sent by the government in form GSTR 3A.
A demand notice is a show-cause notice issued by the GST officials in case of short payment or non-payment of GST.