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CBIC makes Aadhaar authentication to taxpayers demand GST refund

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The government has made Aadhaar authenticity for taxpayers by demanding GST refunds.

The Central Board of Indirect Taxes and Customs (CBIC) has amended the GST rules which provide for various anti-immigration measures, including the issuance of GST refunds only to a bank account, linked to the same PAN at which goods and services are registered (GST). has been found.

The notice also states that as of January 1, 2022, entities that have failed to submit a summary of monthly repayments and payments to GST will not be able to file a GSTR-1 sales rebate for the following month.

The notice follows decisions taken at the GST Council meeting in Lucknow on September 17.

AMRG & Associates Senior Coordinator Rajat Mohan said, “To catch tax evasion, the government has implemented Aadhaar certification for the owner, partner, karta, Managing Director, Director-General, and compulsory authorization before applying for revocation of cancellation registration and refund application. “
EY colleague Abhishek Jain said that in order to prevent money laundering, the government had done proof in Aadhaar’s authenticity that the taxpayer could claim a refund.

“This move will help reduce fraudulent refunds as only certified taxpayers will receive refunds now,” Jain said.

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With regard to taxpayers not submitting their GSTR-1 if they did not submit their GSTR-3B last month, Jain said this is a well-thought-out measure and check needed to eliminate cases where taxpayers despite reporting their invoices to GSTR-1 (due to continued compliance on the part of the recipients) but they do not submit their corresponding GSTR-3B refund where the tax is paid to the government.

“Compliant taxpayers would welcome the move because so far their tax returns have been in jeopardy if retailers do not include their GSTR-3B even though such an invoice comes from GSTR-2A,” Jain said.

Currently, the law prohibits the completion of foreign exchange returns or GSTR-1 in the event that an entity fails to install GSTR-3B for the past two months.

While businesses file GSTR-1 for a specific month on the 11th of the following month, GSTR-3B, where businesses pay their taxes, is incorporated in a dramatic way between the 20th and 24th of the following month.

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