Subscription   Feedback   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Articles Highlights TMI Notes SMS News Newsletters Calendar Imp. Links Database Experts Contact us More....
Extracts
Home List
← Previous Next →

DISCLOSURE OF INFORMATION UNDER MODEL GST ACT, 2016

Goods and Services Tax - GST - By: - Mr. M. GOVINDARAJAN - Dated:- 7-3-2017 - Power to collect statistics Section 141 of the Model Goods and Services Act, 2016 ( Act for short) gives powers to the Commissioner to collect information for the purposes of the better administration of the Act. Section 141(1) provides that the Commissioner considers that it is necessary so to do, may by notification, direct that statistics be collected relating to any matter dealt with, by or in connection with the A .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

eturns should be furnished, the particulars which they should contain and the intervals in which such information of returns should be furnished, shall be as may be prescribed. Consent Section 142 provides for disclosure of information required under Section 141. Section142 (2) provides that any information of any individual return or part thereof, with respect to any matter given for the purposes of under Section 141. Shall be published only with the previous consent in writing of the taxpayer .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

individual return. This provision is exempted if it is for the purposes of prosecution under this Act. Penalty Section 142 (3) provides that if any person, who is required to furnish any information or return- without reasonable cause fails to furnish such information or return ; willfully furnishes or causes to furnish any information or return which he knows to be false, he shall, on conviction, be punished with fine which may extend to ₹ 100/-. In case of a continuing offence, a furthe .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

imprisonment for a term which may extend to 6 months or with fine which may extend to ₹ 1000/- or with both. No prosecution shall be instituted except with the previous sanction of the Central Government or State Government. Exemption to publication of information Section 142 (5) provides that nothing in Section 142 shall apply to the publication of any information relating to a class of dealers or class of transactions, if in the opinion of the competent authority, it is desirable in the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

osure Section 148(4) provides that nothing in Section 148 shall not apply to the disclosure of- any such particulars in respect of any such statement, return, accounts, documents, evidence, affidavit or deposition, for the purpose of any prosecution under the Indian Penal Code or the Prevention of Corruption Act, 1988 or any other law for the time being in force; or any such particulars to the Central Government or State Government or to any person acting in the execution of this Act, for verifi .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nder the Act or under any other law for the time being in force authorizing any such authority to exercise and powers there under; or any such particulars to any officer appointed for the purpose of audit of tax receipts or refunds of the tax imposed by the Act; or any such particulars, where such particulars are relevant for the purpose of any inquiry into the conduct of GST law officer, to any person or persons appointed as an Inquiry Officer under any relevant law; or any such particulars, to .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

what is new what is new
  ↓     bird's eye view     ↓  


|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version