New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has amended GST rules, making Aadhaar authentication mandatory for claiming GST refunds.
The new rule has been introduced to bring in various anti-evasion measures, including disbursal of GST refunds only in the bank account linked with the same PAN on which GST registration has been obtained.
According to a CBIC notice issued on Saturday, businesses defaulting on filing the summary of returns and paying monthly GST won’t be able to file GSTR-1 for returns for the succeeding month. This rule will come into effect from January 1, 2022, it added.
Baripada: A newborn girl was found lying near a bush at Bhanra village under Karanjia…
Mumbai: Salman Khan and Shah Rukh Khan, the leading superstars of Bollywood, came from different…
Mumbai: Actor-filmmaker Dhanush took to his X handle on Friday to announce the release date…
Chennai: Odisha all but booked a berth in the knockout stage of the 14th Hockey…
Cuttack: Several traffic restrictions have been imposed to ensure smooth movement of devotees to Dhabaleswar…
Mumbai: Sidhu Moose Wala's parents Balkaur Singh and Charan Kaur shared a picture of their…
New York: A group of American women has launched an unprecedented protest against men who…
Bhubaneswar: Four more handicrafts were granted approval by the Odisha government, taking the total number…