Introduction
The value of working with bookkeeper is undisputed. bookkeeper is a professional who manages the day-to-day financial transaction of business, providing the owner with the necessary information to make sound financial decision. There is no doubt that regardless of types of business that you operate, accounting and bookkeeping service are essential for effective and efficient operation.

Introduction
The CG introduced a new rule in CGST Rules 2017 termed Rule 86B vide Notification No. 94/2020 – Central Tax, dated December 22, 2020, to curb the ongoing fake invoices transactions. It provides restrictions on the use of ITC to discharge the output liability, with effect from January 1 2021.
 

The MoF vide Press Release dated February 22, 2021, has clarified that the time limit for sanctioning of pending IGST refunds stands extended till March 31, 2021, for the cases where record have not been transferred to the ICEGATE due to return GSTR 1 and GSTR 3B mismatch. Further, it was provided that such facilitation will overcome the refund blockage problem by allowing refunds subject to post refund audit scrutiny and undertakings of CA certificates by the exporters.

The CBIC vide Circular No. 145/01/2021-GST dated February 11, 2021, has issued a Standard Operating Procedure (commonly referred to as SOP) to implement the provisions for suspension of registrations. As per Section 21(2A) of the CGST Act, 2017, the GST registration shall be suspended, whereupon comparison of the returns, it is indicated that there are noteworthy differences or anomalies indicating contravention/violation of the provision of the Act or the Rules.
 

Central Board of Indirect Taxs and Customs (CBIC) GST – Investigation Wing had issued an Instruction No. 01/2020-21 dated 2^nd February 2021 about specific instructions/guidelines of procedures to be followed during the search operations.