GST News

GST Update - Aadhaar Authentication/e-KYC for Existing Taxpayers on GST Portal

08 January 2021 at 08:29

All taxpayers registered as Regular Taxpayers (including Casual Taxable person, SEZ Units/Developers), ISD and Composition taxpayers can do their Aadhaar Authentication or e-KYC on GST Portal.

Posted in GST | 2 comments | 4587 Views

GST Update - Invoice Furnishing Facility (IFF) for Taxpayers under QRMP Scheme

07 January 2021 at 08:28

An Invoice Furnishing Facility (IFF) facility has been provided to taxpayers under QRMP Scheme (Quarterly filers of Form GSTR-1 and also of Form GSTR-3B returns), as per sub-rule (2) of Rule-59 of the CGST Rules, 2017.

Posted in GST | 1 comments | 4428 Views

NIC GePP - GST e-Invoice Preparing and Printing Tool - Download Now

05 January 2021 at 13:32

The National Informatics Centre has released the NIC-GePP Ver. 1.0, which is an excel based tool to assist the taxpayers, who are not having the ERP solution, to enter an invoice in a user friendly manner. Download now!

Posted in GST | 14856 Views

Central Government releases the Central Goods and Services Tax (Amendment) Rules, 2021

05 January 2021 at 10:08

CBIC has amended the Central Goods and Services Tax Rules, 2017, and has released the Central Goods and Services Tax (Amendment) Rules, 2021. Read the official announcement and the amendments made in the Rules here.

Posted in GST | 2643 Views

10th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

05 January 2021 at 10:08

A total amount of Rs.60,000 crore released so far to all States and UTs with legislation. This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States

Posted in GST | 1011 Views

CGST Delhi West Commissionerate arrests one for duty evasion of around Rs 831.72 crores

04 January 2021 at 11:26

The Central GST Delhi West Commissionerate has unearthed evasion of GST by way of manufacture and clandestine supply of gutkha/pan masala/tobacco products without any registration and payment of duty.

Posted in GST | 4314 Views

GST e-invoice system completes the journey of 3 months

02 January 2021 at 17:44

GST e-invoice system completed the journey of 3 months; Enabled more than 37000 taxpayers to generate more than 1680 Lakh Invoice Reference Numbers (IRNs)

Posted in GST | 2388 Views

DGGI Gurugram arrests 3 for fraudulently claiming input tax credit of Rs 12.90 crores

02 January 2021 at 14:54

DGGI, North Zone, Gurugram has arrested three persons, namely Shri Alok Bhargava and his sons Shri Akul and Shri Atin Bhargava, owners of M/s Delhi Foils, M/s Abinox Industries, and M/s Matalax Industries, Wazirpur, New Delhi.

Posted in GST | 5370 Views

GST Revenue collection for December 2020 recorded all time high since the implementation of GST

02 January 2021 at 10:34

Rs. 1,15,174 crore gross GST revenue collected in December. Revenues for December 2020 are 12% higher than the GST revenues in the same month last year.

Posted in GST | 1680 Views

GST Portal - Auto-population of e-invoice details into GSTR-1/2A/2B/4A/6A

31 December 2020 at 12:39

For those taxpayers who had started e-invoicing from 1-10-2020, the auto-population of e-invoice data into GSTR-1 (of December 2020) had started from December 3rd, 2020.

Posted in GST | 7755 Views