Section 146 of GST – Common Portal under GST Act

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Section 146 of GST – Common Portal under GST Act. Complete Details for GST Section 146 under GST Act 2017. In this GST Section you may find all details for Common Portal under GST Act under GST Act 2017Detailed Analysis of GST Section 146 of GST Act 2017. We Provide Complete Details for All GST Section’s and In this article you may find all details for GST Section 146Check Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 146 of GST Act 2017 – Common Portal under GST Act, gst all sections and definitionsNow Check more details from below…..

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Section 146 of GST – Common Portal under GST Act

Statutory provision

Section 146 of GST

The Government may, on the recommendations of the Council, notify the Common Goods and Services Tax Electronic Portal for facilitating registration, payment of tax, furnishing of returns, computation and settlement of integrated tax, electronic way bill and for carrying out such other functions and for such purposes as may be prescribed.

Analysis and Updates

Introduction

This section deals with notification of common portal for various purposes upon recommendation by the GST Council. The Central government has vide Notification No. 4/2017-Central Tax dated 19-06-2017 notified www.gst.gov.in as the Common Goods and Services tax Electronic portal.

Analysis

This common portal would facilitate registration, tax payment, filing of returns, computation and settlement of integrated tax, electronic way bill and other prescribed purposes. It is important to note that the extensive data that will decide in the common portal can facilitate preparation of analytical reports in respect of profitability, product-wise supply profile and other information that can form the basis of further investigation. The common portal is not merely a platform or a repository of invoices uploaded by taxpayers.

Comparative Review

GST is a technology driven law and this type of common portal is hitherto unheard of in the history of Indian tax jurisprudence although there was some attempt made in the past to facilitate e-payment of tax, e-filing of returns etc.

FAQ

Q1. What are the compliances which can be done only online through GST Portal?

Ans. The Common Goods and Services Tax Electronic Portal used for facilitating registration, payment of tax, furnishing of returns, computation and settlement of integrated tax, electronic way bill and for carrying out such other functions and for such purposes as may be prescribed.

MCQ

Q1. The common portal can be notified based on recommendation of:
(a) GST Council
(b) President of India
(c) Union Finance Minister
(d) Supreme Court

Ans. (a) GST Council

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