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The Maharashtra State Government has notified a scheme named One Time Payment of Tax Scheme,2019. (hereinafter referred to as the ‘OTPT Scheme’) vide notification No. PFT.1218/C.R.52/Taxation-3 dated 22nd February,2019 under The Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (hereinafter referred to as the ‘Profession Tax Act’). The OTPT scheme provides for an option for payment of Profession Tax in advance for an enrolled person under the said Act. The persons enrolled…
Since the inception of GST both the taxpayers and the GST Portal have been facing numerous issues ranging from technical lapses to procedural ambiguity. Even before these problems are resolved, taxpayers have started receiving notices in Form GST ASMT-10 issued u/s 61 r.w. Rule 99(1) of GST Act. These notices are issued seeking reasons for discrepancies in GSTR-1 and GSTR-3B or GSTR-3B and GSTR-2A. Issues in Notices. The major reasons for discrepancies in GSTR-1 and…