JHS KNOWLEDGE ALERT – 12th November, 2018

A well known large private sector bank has registered complaint against a consultancy firm based in Gurgaon that used forged documents to get candidates placed in the bank. An investigation done by the bank revealed that the consultancy firm helped the candidates secure jobs in the bank by submitting forged salary slips, experience certificates and other documents. 

Reference: Central Board of Indirect Taxes and Customs
AmendmentImplication
Clarification on status of exporter’s GST refunds as on 31st October 2018:

On concerns being raised about pendency of refunds, Government has issued a press release clarifying that refund claims are being processed expeditiously and the disposal rate o fGST refunds is consistently improving The press release regarding the status of refunds processed as on 31st October 2018 is available CLICK HERE to view.
The press release seeks co-operation from the exporter community to ensure that they respond to the errors communicated by the authorities to them. Further they should also exercise due diligence while submitting GST returns and shipping bills.
Advisory on GST refund claims of UIN entities:

CBIC has issued an advisory for UIN entities i.e. Consulates, Embassies and UN Organizations to ensure correct reporting about place of supply and charge of CGST/ SGST or IGST in an invoice in the Form GSTR-11. CLICK HERE to view the press release
The details should be exactly as mentioned in the invoice issued by supplier of goods or services. Wrong reporting of invoice level data in GST return may lead to delay in processing of refund claims.

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