GST News


Govt releases the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020

   11 November 2020 at 10:34

The Central Government, on recommendations of the Council, has released the Central Goods and Services Tax (Thirteenth Amendment) Rules, 2020

Posted in GST |   8823 Views


Rajasthan decides to go for Option-1 to meet the GST implementation shortfall

   06 November 2020 at 09:54

Rajasthan decides to go for Option-1 to meet the GST implementation shortfall

Posted in GST |   5184 Views


Central Government releases Rs 6,000 crore as the second tranche to 16 states and 3 Union Territories on account of GST compensation

   03 November 2020 at 10:21

The Ministry of Finance, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of Rs 6000 crores as a second tranche to 16 States and 3 Union Territories.

Posted in GST  1 comments |   3300 Views


The NIC Portal generates more than 495 Lakh e-invoices by 27,400 taxpayers within a month

   02 November 2020 at 16:38

The e-Invoice initiative completes one month on 31st October. More than 495 Lakh e-invoices have been generated on the NIC portal by 27,400 taxpayers within the first month of the introduction. 641 Lakh e-way bills generated during the month.

Posted in GST |   3657 Views


Rs 1,05,155 crore of gross GST revenue collected in the month of October 2020

   02 November 2020 at 10:23

The gross GST revenue collected in the month of October 2020 is Rs. 1,05,155 crore of which CGST is Rs. 19,193 crores, SGST is Rs. 25,411 crores, IGST is Rs. 52,540 crores, and Cess is Rs. 8,011 crores.

Posted in GST |   3789 Views


CGST officials bust racket of generating fraudulent ITC of Rs. 1278 crores

   30 October 2020 at 11:33

CGST officials bust racket for generating fraudulent input tax credit through fake billing of around Rs 1,278 crores.

Posted in GST  5 comments |   12258 Views


GST Portal releases tutorial on Filing NIL Form CMP-08 statement through SMS

   27 October 2020 at 12:18

GST Portal releases tutorial on Filing NIL Form CMP-08 statement through SMS

Posted in GST |   4173 Views


CBIC extends the due date for filing GSTR-9 & GSTR-9C for FY 2018-19 to 31st Dec 20

   24 October 2020 at 15:09

On the recommendations of the GST Council, CBIC has extended the due date for filing FORM GSTR-9/GSTR-9A and FORM GSTR-9C for FY 2018-19 from 31st October 2020 to 31st December 2020. Read the official announcement here.

Posted in GST  14 comments |   32706 Views


Withdrawal of EVC facility extended to companies for filing GSTR1 and GSTR3B

   24 October 2020 at 11:31

The facility to file GSTR 3B and GSTR-1 with the EVC in lieu of DSC extended to the registered person, who are also registered under the Companies Act, 2013, shall be withdrawn w.e.f. 1st Nov. 2020.

Posted in GST  1 comments |   8544 Views


Extension of IT, GST Audit & Return Filing Dates requested by six leading CA Associations

   22 October 2020 at 10:24

The six leading Chartered Accountants' Societies of India have made a representation to the Finance Minister Smt. Nirmala Sitharaman to extend the due dates for filing of returns for AY 2020-21.

Posted in GST  4 comments |   39285 Views