ATTENTION DEAR EXPORTERS!
A circular (C. No. 131/1/2020-GST) about the prevention of malpractices and fraud was released on 23 January 2020. The notice issued by the Government of India states that going forward exporters will need to comply with the Standard Operating Procedure (SOP) so that fraudulent granting of Input Tax Credit (ITC) based on fake invoices is avoided.
After several cases of fraudulent claims were identified, the Indian government has outlined a strict procedure to do a verification check of exporters so that fraudulent ITC can be tackled.
Annexure ‘A’ have to submit by exporters to their jurisdictional CGST authorities for verification by them. Verification shall be completed by jurisdiction CGST office within 14 working days of furnishing of information in proforma by the exporter. If the verification is not completed within this period, the jurisdiction officer will bring it the notice of a nodal cell to be constituted in the jurisdictional Pr. Chief Commissioner/Chief Commissioner Office.
After a period of 14 working days from the date of submission of details in the prescribed format, the exporter may also escalate the matter to the Jurisdictional Pr. Chief Commissioner/Chief Commissioner of Central Tax by sending an email to the Chief Commissioner concerned.
The Jurisdictional Pr. Chief Commissioner/Chief Commissioner of Central Tax should take appropriate action to get the verification completed within next 7 working days.
In case, any refund remains pending for more than one month, the exporter may register his grievance at www.cbic.gov.in/issue by giving all relevant details like GSTIN, IEC, Shipping Bill No., Port of Export & CGST formation where the details in prescribed format had been submitted etc.. All such grievances shall be examined by a Committee headed by Member GST, CBIC for resolution of the issue.
Warm Regards,
CA Hitesh Bansal
Hisar, Haryana-125001
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