CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov. 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017 to provide for staggered filing of Form GSTR-3B for the tax periods from January 2021.
Functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard of taxpayers at Common Portal.
To know more about QRMP scheme; please visit https://bit.ly/3oZgBU1 and for furnishing details in IFF and furnishing tax details PMT06; please visit https://bit.ly/3aMU7Rg.
DGGI Gurugram Zonal Unit (GZU), Haryana has arrested one Shei Surender Kumar Gupta resident of New Delhi on charges of availing and passing on fake input tax credit by way of receipt/issuance of invoices without any actual supply of goods or services.
DGGI Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Ritesh Aggarwal, resident of Bahadurgarh, Haryana on charges of passing and availment of fake ITC.
In the ongoing drive against fake billing operations, the officers of CGST Commissionerate, Delhi East, have unearthed a multi-layered network of fictitious firms being used by their operators to generate and pass on fake ITC.
W.e.f. 1st January 2021, two options are available to the taxpayers who are under the QRMP Scheme for tax payment for the first 2 months of a quarter i.e Fixed Sum Method and Self-Assessment Method.
DGGI, North Zone, Gurugram, has arrested Shri Harish Kumar Rampal, Chartered Accountant, proprietor of M/s Rampal and Company (ICAI Reg. No. 080333).
A total amount of Rs. 84,000 crore released so far to all States and UTs with legislature. This is in addition to additional borrowing permission of Rs. 1,06,830 crore granted to the States.
Watch to know how you can match Form GSTR-2B with Purchase Register using a Matching Tool
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