GST News

Clarification to deal with difference in ITC availed in Form GSTR-3B and GSTR-2A for FY 2017-18 and 2018-19

28 December 2022 at 08:59

The CBIC vide Circular No. 183/15/2022-GST dated December 27, 2022 has issued a clarification to deal with the difference in ITC availed in FORM GSTR-3B as compared to that detailed in FORM GSTR-2A for FY 2017-18 and 2018-19.

Posted in GST | 9285 Views

Clarification on entitlement of ITC where place of supply is determined in terms of proviso to Sec 12(8) of IGST Act

28 December 2022 at 08:58

The CBIC vide Circular No. 184/16/2022-GST dated December 27, 2022 has issued a clarification on the entitlement of ITC where the place of supply is determined in terms of the proviso

Posted in GST | 5136 Views

Clarification w.r.t applicability of provisions of Sec 75(2) of CGST Act 2017 and its effect on limitation

28 December 2022 at 08:57

The CBIC vide Circular No. 185/17/2022-GST dated December 27, 2022 issued a clarification with regard to the applicability of provisions of section 75(2) of the Central Goods and Services Tax Act, 2017 ("the CGST Act") and its effect on limitation.

Posted in GST | 3399 Views

CBIC issued clarification on various issues pertaining to GST

28 December 2022 at 08:56

The CBIC vide Circular No. 186/18/2022-GST dated December 27, 2022 issued a clarification on various issues pertaining to Goods and Services Tax

Posted in GST | 3210 Views

Clarification regarding treatment of statutory dues under GST law in respect of taxpayers for whom proceedings have been finalised under IBC 2016

28 December 2022 at 08:55

The CBIC vide Circular No. 187/19/2022-GST dated December 27, 2022 issued a clarification regarding the treatment of statutory dues under GST law

Posted in GST | 2811 Views

CBIC | Prescribing manner of filing an application for refund by unregistered persons

28 December 2022 at 08:55

The CBIC issued Circular No. 188/20/2022-GST dated December 27, 2022 regarding the Prescribing manner of filing an application for refund by unregistered persons.

Posted in GST | 2904 Views

CBIC: No proposal to reduce E-invoicing threshold limit to Rs 5 crore w.e.f 1st Jan 2023

27 December 2022 at 08:43

As per the recent tweet by the CBIC, started that Some news reports have appeared in media today suggesting that though GST Council has recommended reducing threshold for generation of e-invoice to Rs.5 cr w.e.f. January 01, 2023

Posted in GST | 9102 Views

CBIC committee to dispose of pending pre-GST cases

24 December 2022 at 08:39

CBIC has constituted Customs, Central Excise and Service Tax Settlement Commission aimed to resolve and settle the show-cause notices issued under the Customs Act, Central Excise Act and Service Tax regime.

Posted in GST | 4176 Views

3 people held for GST fraud in Chandigarh

24 December 2022 at 08:38

The three accused, identified as Jitender Singh Bhalla alias Vicky, 39, of Fatehgarh Sahib, Rajeev Poonga, 55, of Sunny Enclave, Kharar, and Pushp Behal, 49, of PGI Society, Sector 49, are allegedly involved in a GST fraud

Posted in GST | 3318 Views

MSME Ministry: No information on negative impact of GST on MSMEs

23 December 2022 at 08:26

Even as MSMEs have been critical of the government's Goods and Services (GST) tax on multiple occasions since its launch in 2017, the MSME ministry said it hasn't come across any information related to the negative impact of the tax system.

Posted in GST | 5544 Views