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    <title>RECENT DEVELOPMENTS IN GST</title>
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    <description>Recent GST developments include recovery in collections and central releases of compensation cess where fund balances were inadequate, continued refusal to cut petroleum excise due to bond liabilities, and rollout of the RODTEP export remission scheme. Enforcement action uncovered large scale input tax credit fraud, and CBIC has pursued both stringent measures against noncompliance and technology led facilitation (e Office, e invoicing, QRMP, faceless and paperless customs). Procedural items include advisories on GSTR 1 filing errors, calls to constitute the GST appellate tribunal, allowance for GST registration of corporate debtors in CIRP, and an advance ruling that liaison office activities may not be taxable supplies.</description>
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    <pubDate>Wed, 25 Aug 2021 09:45:27 +0530</pubDate>
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