GST News

GST collection crossed Rs 1.30 lakh crore mark for the 5th time

01 March 2022 at 13:17

Rs 1,33,026 crore Gross GST Revenue collected for February 2022

Posted in GST | 3417 Views

CBIC makes e-invoice mandatory if turnover exceeds Rs. 20 crores w.e.f 1st April 2022

25 February 2022 at 11:47

The existing limit of Rs. 50 crores has now been reduced to Rs. 20 crores vide Notification No. 01/2022 - Central Tax dated 24th February, 2022.

Posted in GST | 4 comments | 10476 Views

2 held by CGST Officials for ITC fraud of more than Rs 31.85 crore

24 February 2022 at 17:05

2 held by Faridabad CGST Commissionerate for issuing fake invoices of over Rs 200 crore and availing involving fraudulent ITC of Rs 31.85 crore

Posted in GST | 5538 Views

CGST unearths fake invoicing racket of Rs 611 crore involving tax evasion of Rs 38.5 crore

24 February 2022 at 17:05

Delhi South CGST unearths fake invoicing racket of Rs 611 crore involving tax evasion of 38.5 crore

Posted in GST | 2103 Views

GSTN | Upcoming GSTR-1 enhancements & improvements

23 February 2022 at 08:49

1. The statement of outward supplies in FORM GSTR-1 is to be furnished by all normal taxpayers on a monthly or quarterly basis, as applicable. Quarterly GSTR-1 filers have also been provided with an optional Invoice Furnishing Facility (IFF) for repo

Posted in GST | 6 comments | 11985 Views

GSTN enabled the facility for filing LUT for FY 2022-23 on GST Portal

22 February 2022 at 08:44

The Goods and Services Tax Network ("GSTN") has enabled facility for filing Letter of Understanding ("LUT") for FY 2022-23 on GST Portal for taxpayers.

Posted in GST | 8109 Views

GSTN enabled feature to withdraw application for cancellation of GST registration

18 February 2022 at 08:38

The Goods and Services Tax Network ("GSTN") has enabled the feature to withdraw application for cancellation of GST registration on the GST portal.

Posted in GST | 1 comments | 6645 Views

CBIC setups GST Refund Help Desk for refund-related issues faced by the taxpayers

17 February 2022 at 17:48

Setup of 'GST Refund Help Desk' in the office of Pr. CCA, CBIC

Posted in GST | 4566 Views

Record GST collection of Rs.1,40,986 crore reported for January, 2022

08 February 2022 at 08:59

The average monthly gross Goods & Services Tax (GST) collection for the third quarter of FY 2021-22 has been Rs.1.30 lakh crore

Posted in GST | 4980 Views

CGST busts fake ITC racket of Rs 10.68 crore in Mumbai

04 February 2022 at 09:21

CGST Navi Mumbai Commissionerate busts fake ITC racket of Rs. 10.68 Crore, arrests proprietor of a steel firm

Posted in GST | 5112 Views