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Cabinet Decision on 9 August, 2024 (2) Cabinet Decision on 9 August, 2024 (2)
* Providing Relief to Small Traders ► To provide succour to small traders from challenges faced due to the notices issued by the Office of the Commissioner of Taxes on GST related matters, the Cabinet has accepted the report of the Cabinet sub-committee set up to deliberate upon this matter ► The key directions of the Cabinet on this matter are as follows- ■Basis the findings about doubtful algorithms and other parameters, 10,484 cases of 2017-18 and 15,529 cases of 2018-19 can be taken for Suo moto rectification u/s 161 of Assam GST Act' 2017 on case-to-case basis within 3 months under the ambit of the GST law ■For cases pertaining to 2019-20, 2020-21 and 2021-22, the notices generated based on Big Data Analytics Software (BDAS) shall be dealt with as per guidelines of the new SOP. The threshold for notices to be issued with assistance of BDAS will be 5 lakh The issues are expected to be resolved within a 3-month period judiciously in order to ensure no harassment to taxpayers/Traders and compliance with the GST framework