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Addressal Of GST-Related Matters For Small Traders In Assam Approved

 

GUWAHATI: The issues faced by small traders due to GST-related notices from the Office of the Commissioner of Taxes, was addressed during the Assam Cabinet meeting on Friday, August 9. The Cabinet approved the report from a sub-committee assigned to review the situation.

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The Cabinet stated, "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 Rs.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."

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