Life Insurance Council representation on proposed amendments in CGST and IGST Acts.

Sir Please waived late fees and option given revised return and simple Return system and GSTR 2A show as per income tax FROM 26AS

Dear Sir,

We humbly demands further amendment in Section 35(5) and Section 44(2).

The word “audited by a chartered accountant and cost accountant and other records and shall submit a copy of the audited” shall be deleted and will be substituted as “Examined by a GST Practitioners” and other record and other records and shall submit a copy of the verified annual accounts,”

In section 44 and sub section (2) the word “audited” shall be replaced by “examined”.

Rule 48 manner of issuance of invoice is written ambiguously. For digitally signed invoices how copies such as original/duplicate/triplicate make legal sense?
It should clearly state that if invoice is digitally signed there will be no copy mark.surprisinly people for tax department are still in the old excise age and have continued the same old write-ups , copy paste . Please refer https://twitter.com/cbic_india/status/1007559500084068352?s=12
Why such a need arisesd?

" we Request the following amendment
After the words cost accountant “ or a GSTP having 5 years of experience (as STP) and passed the examination conducted by NASIN and shall submit a copy of audited annual accounts......"

Sirs, We understand that you propose staggered system of return filing and paln 10th of next month for persons with small turn over. The payments to MSME takes 90 days and hence we should not be compelled to make payment by 10th. Instead we should be permitted on 20th only, Coz we need to make payment of wages, stat complaince like ESI, PF. So please dont burden us by setting 10th as return filing date

#GSTAmendment I humbly demand insertion of 2nd proviso in Section 29(5)

"Provided that the provisions of this subsection shall not apply in a case where section 18(3) is applicable"

Sec. 29(5) require every RP whose reg. is canceled to reverse ITC on d stock which is in conflict with Sec 18(3) which allow transfer of ITC where business is transferred with liabilities. If transferor's reg. is canceled and has 2 pay tax on stock as per 29(5)then in no case there would be ITC balance in ECrL

#GSTAmendment I humbly demand fresh amendment in Sec. 129(1) which provide excessive powers to officers to detain & seize goods and conveyance for the inadvertent mistake. Absolute power corrupts more

After the words, "Notwithstanding anything contained in this Act, where any person transports any goods or stores any goods while they are in transit in contravention of the provisions of this Act or the rules made thereunder" the following shall be inserted "with intent to evade payment of tax"

#AmendmentSrNo17 We, Lease Plan India Pvt Ltd, humbly make two representations with regard to restrictions contained in section 17(5) of CGST Act relating to ITC of motor vehicles and other services relating thereto like repair & maintenance, servicing and insurance. Representations have been attached in the form of pdf document. Would request the concerned to kindly take note of these representations and make appropriate changes in law, to provide relief to Fleet management industry.
Regards

#AmendmentSrNo28 I humbly demand further amendment in Section 48(2) so that after amendment it reads as below:

(2) A registered person may authorise an approved goods and services tax practitioner
to furnish the details of outward supplies under section 37, the details of inward supplies under section 38 and the return under section 39 or section 44 or section 45 and examination of accounts under section 35(5) and to perform such other functions and in such manner as may be prescribed.