GST News

GSTN issues advisory on filing TRAN forms for taxpayers from Daman and Diu & Ladakh

26 October 2022 at 08:38

Due to reorganization of the state of Jammu & Kashmir and merger of the Union territories of Dadra and Nagar Haveli and Daman and Diu, the taxpayers of Ladakh and earlier 'Daman and Diu' region have been allotted new GSTINs

Posted in GST | 3444 Views

GST offences up to Rs 5 crore may be decriminalised

25 October 2022 at 07:44

To promote ease of doing business, the government is working on a proposal to decriminalise certain offences under the goods and services tax (GST) by raising the threshold limit from Rs 2 crore to Rs 5 crore in tax evasion cases."A proposal is

Posted in GST | 4557 Views

GST authorities issuing SCN after investigation will have to complete enforcement action

24 October 2022 at 07:45

Tax authorities issuing show-cause notices will have to complete all enforcement and consequential action against the assessee against whom GST evasion was detected, the GST Council has said.

Posted in GST | 3513 Views

Taxpayers with upto Rs 5 crore turnover required to report 4-digit HSN codes in their GSTR-1

22 October 2022 at 16:19

From 01st November, 2022, Phase-2 would be implemented on GST Portal and the taxpayers with up to Rs 5 crore turnover would be required to report 4-digit HSN codes in their GSTR-1.

Posted in GST | 1 comments | 11127 Views

Sequential filing of GSTR-1 & filing of GSTR-1 before GSTR-3B on GST Portal

22 October 2022 at 08:33

Advisory on sequential filing of GSTR-1

Posted in GST | 7827 Views

CBIC extends due date for filing GSTR 3B Return for Sept by one day

21 October 2022 at 12:56

Even as taxpayers are reporting slowness in the GSTN portal, the Central Board of Indirect Taxes and Customs (CBIC) on Friday said the due date for filing GSTR 3B return for September has been extended by one day till October 21.

Posted in GST | 19971 Views

Slow GST Portal: CBIC mulls extending September returns filing due date

21 October 2022 at 08:37

With taxpayers facing slow functioning of the GSTN portal, CBIC on Thursday said it is examining the proposal of extending the deadline for filing GST returns for September.

Posted in GST | 8514 Views

GST department busts fake invoice racket of Rs. 31 crore in Chennai

20 October 2022 at 08:40

The Chennai Outer Commissionerate of GST and Central Excise department has claimed busting of a fake invoice racket by arresting a suspect on charges of cheating to the tune of Rs 31 crore.

Posted in GST | 2 comments | 4116 Views

SC urged GST Council & State Govts to consider pleas on full reimbursement of erstwhile excise exemptions

19 October 2022 at 08:35

The Supreme Court has urged the GST Council and State governments to consider a plea for reimbursement of taxes paid by industrial houses having plants in hilly States such as Uttarakhand and Himachal Pradesh and the North-Eastern States.

Posted in GST | 3948 Views

Gujarat GST department nabs 'mastermind', recovers Rs 60 crore

18 October 2022 at 08:30

The Gujarat Goods and Service Tax (GST) department arrested one person from Bhavnagar who it claimed to be the "mastermind" in a bogus billing scam worth Rs 700 crore.

Posted in GST | 5724 Views