GST News

CGST Bhiwandi Commissionerate arrests Rs. 132 crore Fake Invoice racket mastermind

12 September 2022 at 08:36

Officers of CGST Bhiwandi Commissionerate in Mumbai Zone have busted a fake invoice racket involving issuance of invoices amounting to Rs 132 crore and availing/passing on Input Tax credit of Rs 23 crore.

Posted in GST | 5811 Views

E-way bill generation at all time high as festive season arrives

09 September 2022 at 17:46

E-way bills, or electronic way bills, reflected a growth of 19 percent this year after their generation reached an all-time high of 78.21 million in August.

Posted in GST | 2 comments | 3702 Views

CGST officers busts Rs. 142 Crore fake GST invoice racket

09 September 2022 at 08:42

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore

Posted in GST | 4866 Views

GST wing of CBIC conducts tax inspections against insurance companies

08 September 2022 at 08:45

The Goods and Services Tax wing of the Central Board of Indirect Taxes and Customs (CBIC) has carried out tax searches and inspections against several insurance companies.

Posted in GST | 5550 Views

No GST on using washrooms of Executive Lounges at railway stations: IRCTC

05 September 2022 at 08:37

IRCTC (Indian Railway Catering and Tourism Corporation) has denied media reports that separate GST is applicable for using washrooms in waiting rooms of Railway stations.

Posted in GST | 3522 Views

SC allows 4 weeks extension to open GST portal for filing transitional credit w.e.f 1st October

04 September 2022 at 10:16

Hon'ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022

Posted in GST | 5880 Views

GSTN enabled changes in Table 4 of GSTR-3B related to the claim of ITC

02 September 2022 at 08:42

The notified changes in Table 4 of GSTR-3B have now been implemented on the GST Portal.

Posted in GST | 1 comments | 6630 Views

August GST revenue collection up by 28% at Rs 1.4 lakh crore

01 September 2022 at 12:33

Revenues for the month of August 2022 28% higher than the GST revenues in the same month in 2021

Posted in GST | 3681 Views

GST to be levied on cancellation of confirmed train ticket

30 August 2022 at 08:31

Cancellation of confirmed train tickets, too, will now attract GST, on cancellation charges for that particular class of travel, according to a circular issued by the Ministry of Finance on August 3.

Posted in GST | 2 comments | 5361 Views

Finance Ministry approached SC for extension by 30 days to open special window for transitional credit claim under GST

26 August 2022 at 08:37

Finance Ministry has approached the Supreme Court for extension of time to open a special window for filing transitional credit claim by 30 days, as it feels GSTN has limited time to make changes in the portal to facilitate filing.

Posted in GST | 1 comments | 6657 Views