IMPORTANT CHANGES IN GST FROM 01.09.2023
1. Mera Bill Mera Adhikar Scheme:
The government has come up with a great scheme. A mobile application has been launched for the invoice incentive scheme. If anyone pays his bills through this mobile application, then he has a chance to win up to Rs 1 crore.
The government is starting this scheme from September 1. The government has started this campaign for buyers.
Under the Mera Bill and Mera Adhikar scheme, buyers can get a reward of up to Rs 1 crore if they submit their GST bills online.
This reward will be given by the government on a quarterly basis. Not only one crore, other awards will also be given under this scheme.
Among other awards, 800 people will be selected every month and they will be given a reward of Rs 10,000 each. Along with this, 10 such people will be selected, who will be given Rs 10 lakh as a prize. Under this scheme, a bumper reward of Rs 1 crore will be drawn on a quarterly basis.
To take advantage of this scheme and reward, first of all you have to download my bill my rights app. You can also download this app by going to the App Store or Google Play. Apart from this, you can also apply to take advantage of it by visiting its official site web.merabill.gst.gov.in.
To take advantage of this scheme, the customer will have to upload his GST bill. According to the rule, customers will download a bill of at least Rs 200. The person applying will have to register by going to the app with his mobile number.
While applying, the customer will have to fill all his details correctly and once the details are filled, they will not be able to change. While applying for this scheme, some documents will be necessary, including PAN card, bank account information and Aadhaar card.
According to the government, this scheme is only for select states. These states include Gujarat, Assam, Haryana and Union Territories like Daman and Diu, Dadra and Nagar Haveli and Puducherry.
Now the question arises that why has the government started this Mera Bill Mera Adhikar Scheme. In fact, the government wants to create awareness and incentives among buyers for GST bill through this.
If more and more GST bills are generated, then tax evasion will be stopped through this. Along with this, the government's treasury will also increase.
2. RULE 37A:-The functionality starts from 01 sept 2023
REVERSAL OF INPUT TAX CREDIT IN THE CASE OF NON-PAYMENT OF TAX BY THE SUPPLIER AND RE-AVAILMENT THEREOF.-
Where input tax credit has been availed by a registered person in the return in FORM GSTR-3B for a tax period in respect of such invoice or debit note, the details of which have been furnished by the supplier in the statement of outward supplies in FORM GSTR-1 or using the invoice furnishing facility, but the return in FORM GSTR-3B for the tax period corresponding to the said statement of outward supplies has not been furnished by such supplier till the 30th day of September following the end of financial year in which the input tax credit in respect of such invoice or debit note has been availed, the said amount of input tax credit shall be reversed by the said registered person, while furnishing a return in FORM GSTR-3B on or before the 30th day of November following the end of such financial year:
Provided that where the said amount of input tax credit is not reversed by the registered person in a return in FORM GSTR-3B on or before the 30th day of November following the end of such financial year during which such input tax credit has been availed, such amount shall be payable by the said person along with interest thereon under section 50.
Provided further that where the said supplier subsequently furnishes the return in FORM GSTR-3B for the said tax period, the said registered person may re-avail the amount of such credit in the return in FORM GSTR-3B for a tax period thereafter.
3. AMENSTY SCHEMES FOR VARIOUS RETURNS IS OVER NOW
EXTEND AMNESTY FOR GSTR-4 NON-FILERS- 31.08.2023
EXTEND TIME LIMIT FOR APPLICATION FOR REVOCATION OF CANCELLATION OF REGISTRATION-31.08.2023
EXTEND AMNESTY SCHEME FOR DEEMED WITHDRAWAL OF ASSESSMENT ORDERS ISSUED UNDER SECTION 62-31.08.2023
EXTEND AMNESTY FOR GSTR-9 NON-FILERS-31.08.2023
EXTEND AMNESTY FOR GSTR-10 NON-FILERS-31.08.2023
