GST payment representations require record-based, reasoned decisions while substantive entitlement remains open for determination by competent authori...
Reassessment sanction under extended limitation required approval from the competent specified authority, invalidating proceedings approved by an inco...
Internal CUP benchmarking for fixed-rate Masala Bonds prevails over floating external comparables, eliminating the related transfer-pricing adjustment...
Jurisdictional validity of revision notices: incorrect official capacity and mere change of opinion invalidate revision of property income assessments...
CBIC has constituted a Working Group to examine centralised administration for taxpayers sharing a PAN and holding multiple GSTINs under Central Tax jurisdictions. The Group will assess difficulties caused by multiple administrations, compare earlier centralised registration and Large Taxpayer Unit models with international practices, and evaluate whether administration by a single Central Tax authority is needed. It will recommend whether the model should be optional or mandatory, define eligible GSTIN coverage, propose jurisdiction-allocation criteria, and identify necessary legal, administrative, system, organisational and manpower changes. The Group must submit an implementation roadmap and draft proposals to the Board within 30 days.
CBIC has constituted a Working Group to examine centralised administration for taxpayers sharing a PAN and holding multiple GSTINs under Central Tax jurisdictions. The Group will assess difficulties caused by multiple administrations, compare earlier centralised registration and Large Taxpayer Unit models with international practices, and evaluate whether administration by a single Central Tax authority is needed. It will recommend whether the model should be optional or mandatory, define eligible GSTIN coverage, propose jurisdiction-allocation criteria, and identify necessary legal, administrative, system, organisational and manpower changes. The Group must submit an implementation roadmap and draft proposals to the Board within 30 days.
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