Articles by Abhishek Raja

Delhi's GST Collection Over Rs. 34,000 Crores in 2022: Delhi Finance Minister Kailash Gahlot

Abhishek Raja 03 June 2023 at 09:13

Delhi Finance Minister Kailash Gahlot said the collection of GST and VAT in the city was more than Rs.34,000 crores in 2022-23, and claimed Delhi will be a leading state for tax administration through the intervention of artificial intelligence.

Last Chance: Extended Due Date for GTA Payments Expires Tomorrow!

Abhishek Raja 30 May 2023 at 08:55

Tomorrow i.e 31st May 2023 is the extended due date for Opt-in / Opt-out for Forward Charge / Reverse Charge for FY 2023-24 [Notification No.03/2022 - CT(R) dated 13.07.2022]

Expected key points to be discussed in the upcoming GST Council Meet

Abhishek Raja 22 May 2023 at 08:41

GST Council to meet on June 22-23 to discuss key issues. The GST Council is scheduled to meet on June 22-23 to discuss a number of key issues, including the extension of the compensation cess, rationalization of rates, and the implementation of e-way bill 3.0.

Physical Verification in Indian GST: A Comprehensive Guide - My Experiences

Abhishek Raja 18 May 2023 at 08:48

In this comprehensive guide, we will explore the various aspects of physical verification in Indian GST, the standard operating procedures, and the implications for businesses.

Proactive GST Tax Evasion Measures: Near Real-Time Access to Banking Transactions

Abhishek Raja 15 May 2023 at 14:12

In recent developments, Goods and Services Tax (GST) authorities are moving towards acquiring near real-time access to the banking transactions of taxpayers. This initiative aims to detect and curb the proliferation of fake invoices and excessive use of input tax credit (ITC) by businesses, an issue that has been gradually escalating.

Decoding CBIC's Automated Return Scrutiny Module (ARSM) for GST returns

Abhishek Raja 13 May 2023 at 14:51

The Central Board of Indirect Taxes and Customs (CBIC) has rolled out an Automated Return Scrutiny Module (ARSM) for GST returns. The ARSM is a non-intrusive means of compliance verification that allows tax officers to scrutinize GST returns of Centre Administered Taxpayers (CATs) selected on the basis of data analytics and risks identified by the system.

Special Drive to Combat Fake GST Registrations and Safeguard Government Revenue

Abhishek Raja 06 May 2023 at 10:03

The Indian government has announced a Special All-India Drive to be carried out from 16th May to 15th July 2023, aiming to tackle the growing problem of fake Goods and Services Tax (GST) registrations and the fraudulent passing of input tax credit (ITC).