After enactment of GST in 2017, this Govt could not even setup a GST Tribunal in 8 years where aggrieved taxpayers can file cases. A basic civil right to appeal is not given to taxpayer. @narendramodi@nsitharaman
And they want to bring new Income Tax Act in the name of simplification.
The taxpayers do not need to read the whole Act. A simple tax computation slab was all they needed every year.
For CAs and advocates, reading the Act was their job which they always did diligently.
The mess was created by the present Govt only by -
● introducing 115BBE which taxes citizens at 77.5%,
● replacing DDT with taxation on dividends at normal rate as high as 40% ,
● Introducing TDS and TCS on normal purchase and sale transactions
● TCS on foreign payments even when I use my own earned and tax paid savings in foreign payments for myself!
● Never raising any allowance for salaried individuals like child education allowance stands at Rs. 200 per year!
First they should have cleared the mess by abolising these provisions if they ever wanted simplification.
Overhauling the whole Act will not simplify the already evolved Act with 15 lakh+ judicial precedents of Tribunal, High Court and SC most of which are in favour of the taxpayers and helps to fight tax terrorism.
New Act I fear will render most of the precedents useless and open up a new pandora box of tax litigations and sufferings for taxpayers.
Remember, these are same people who said that GST is Good and Simple Tax.
#TaxTerrorism
भारत के यशस्वी केंद्रीय गृह मंत्री माननीय श्री अमितभाई शाह जी को जन्मदिन की हार्दिक शुभकामनाएँ।आपकी दृढ़ नेतृत्व क्षमता और समर्पण ने देश की सुरक्षा और विकास को नवीन ऊँचाइयों पर पहुँचाया है,राष्ट्र की सेवा में आपका योगदान प्रेरणादायक। आपकी दीर्घायु, स्वास्थ्य की मंगल कामना करता हूँ। @AmitShah
I don’t know politics but with this tweet I would like to invite Mr. Shehzad for an open discussion on GST issues (no politics).
Let’s discuss GST issues like:
➡️ GST Registration, unnecessary documentations, rejection and harassment of MSME’s
➡️ GST Registration cancellation from retrospective date (S.29(2))
➡️ ITC time limits S.16(4)
➡️ Rejection of ITC claim due to mismatch in GSTR-2A for initial years. (Circular 183 and 193 are useless as the business are closed or proprietor is dead)
➡️ ITC claim for Returns filed under Amnesty scheme
➡️ Claim of ITC made through Annual Returns
➡️ ITC claim of CGST + SGST instead of IGST and vice-versa
➡️ Payment of Output Tax Liabilities as IGST instead of CGST + SGST
➡️ ITC claim rejection due to non payment of tax by the supplier. What’s the fault of the Recipient.
➡️ Refund rejection on useless grounds.
➡️ Blocking of ITC Ledger as per Rule 86A.
➡️ Blocking/Freeze of Bank accounts
➡️ Why Notices (DRC-01) issues without DRC-01A or ASMT-10?
➡️Why our replies (DRC-06) not accepted and Demand Orders (DRC-07) have been issued?
➡️ Why Personal Hearing was kept before Reply due date?
➡️ Why Tribunal is not formed till date?
➡️ Why GST Appeal Amnesty covers only 73/74 orders and not orders like Registration cancellation, Refund rejection, S.125, S.129, S.132 etc
➡️ Why there are multiple investigating agencies? Taxpayer doesn’t know who is going to send him notice whether DGGI, Anti Evasion or whom? And let me remind you these notices could come from PAN India.
➡️ Everyone knows what happens in inspection and searches. There are so many High Court judgments. Let’s discuss them too.
➡️ Why Scrutiny Notices (ASMT-10) or Show Cause Notices (DRC-01) after Departmental Audit?
➡️ Why Audit not within a year or two ? Why Audits of five or six years at a go?
➡️ Why there is not upper limit for Interest? Now Interest Liabilities have become more than the tax amount.
➡️Any other issue which could be decided mutually between us.
✅ Choose any panel of Judges whosever Mr. Shehzad wants, any place, anytime Let’s discuss the issues of MSME.
Let’s raise the real issues of MSME without politics.
Expecting a positive response from Mr. Shehzad.
Also expecting support from my fellow Twitter friends to support issues related to MSME.
Get ready to pedal beyond your limits and feel the thrill of the cyclothon at the Monsoon Festival. It's not just about bikes; it's about embarking on an adventurous journey, surrounded by music and capped with a vibrant celebration.
A Mistake prevailing since the day when the GSTN was launched wastes about 34 Lakh Minutes every month.
On the Return Dashboard, instead of showing the previous month(the Return month), the portal shows the Current month. It takes 10 seconds to change this to the previous month.
GST - The lawmakers are making ITC rules too strong hence there is rush to file GSTR-1 within time but GSTN is not properly responding to this heavy rush !!!!!!!!
What is going on !!!!!!!!!