GST News

GST authorities quiz auto dealers on fake invoicing

27 April 2023 at 08:39

Expanding investigation into allegedly wrongful claims of input tax credit by insurance companies, the tax authorities are probing a section of auto-mobile dealers

Posted in GST | 3702 Views

GST officers issuing notices to insurers for availing ITC on fake invoices

27 April 2023 at 08:39

GST officers have started sending notices to over a dozen insurance companies for availing input tax credit on the basis of bogus invoices in the last six years, sources said.

Posted in GST | 3540 Views

GSTN issued advisory on Bank Account Validation

25 April 2023 at 08:32

GSTN is pleased to inform you that the functionality for bank account validation is now integrated with the GST System. This feature is introduced to ensure that the bank accounts provided by the Tax Payer is correct.

Posted in GST | 10452 Views

GST evasion detection nearly doubled to Rs 1.01 lakh crore in FY 2023

21 April 2023 at 08:27

GST evasion detection by tax officers almost doubled year-on-year to over Rs 1.01 lakh crore in the just concluded 2022-23 fiscal, an official said.

Posted in GST | 3006 Views

Tax Dept raids Kashipur firms for GST evasion of Rs 5 crore

20 April 2023 at 08:30

The State tax department conducted raids in two firms located in Mahuakheda Ganj industrial area of Kashipur for the goods and service tax (GST) evasion of over Rs five crore.

Posted in GST | 4149 Views

ICAI extends last date for updation of Member's Profile with GSTIN at SSP till 23rd April 2023

18 April 2023 at 08:36

Based on the requests received from Members, the last date to update the profile has been extended till 23rd April 2023.

Posted in GST | 9225 Views

GSTN mandates businesses with over Rs. 100 crore turnover to upload e-invoice within 7 days

13 April 2023 at 08:32

Advisory on time limit for reporting invoices on IRP Portal

Posted in GST | 15996 Views

GST official, two others held for extortion in Surat

08 April 2023 at 08:45

A superintendent with the Central Goods and Services Tax (GST) department and two others were arrested in Surat in Gujarat for allegedly extorting Rs 12 lakh from a shopkeeper, a police official said on Friday.

Posted in GST | 4632 Views

GSTN performance improved steadily over time

07 April 2023 at 08:49

The performance of the Goods and Services Tax Network system has improved steadily over time, resulting in a steady increase in taxpayers in the country, Economic Advisory Council to the Prime Minister (EAC-PM) has said in a working paper.

Posted in GST | 5718 Views

Cancelled GST registration can be applied for revocation by 30th June 2023

06 April 2023 at 08:41

Businesses whose Goods and Services Tax (GST) registrations were cancelled before December 31 for non-filing of returns can apply for revocation of the cancellation by June 30, after paying due taxes, interest and penalty.

Posted in GST | 15354 Views