GST News

DGGI and NFSU signed MoU for setting up of digital forensic laboratories

08 February 2023 at 08:49

Directorate General of GST Intelligence (DGGI) and the National Forensic Sciences University (NFSU) signed a Memorandum of Understanding (MoU) for setting up of digital forensic laboratories

Posted in GST | 2514 Views

No major GST rationalisation, slab changes planned for now, says Revenue Secretary

06 February 2023 at 08:33

India is not planning any major rationalisation to rates under its goods and services tax (GST) regime and is also not considering any convergence of the slabs as of now, revenue secretary Sanjay Malhotra has said.

Posted in GST | 3315 Views

49th GST Council Meeting to held on 18th February

04 February 2023 at 08:36

The GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will meet on February 18.

Posted in GST | 1 comments | 4614 Views

GST collection at nearly Rs 1.56 lakh crore in January, second highest ever

01 February 2023 at 08:26

2nd highest Gross GST collection in January 2023, breaching earlier 2nd highest record in the Month of October 2022

Posted in GST | 4062 Views

GST e-invoice system incorporates new validations for all B2B transactions

31 January 2023 at 08:40

GST e-invoice System has issued an Update dated January 30, 2023 on new validations incorporated for all B2B transactions, selection of PoS State Code as '96-Other Country' is enabled for HSN related to Services by way of transportation of goods.

Posted in GST | 11259 Views

4 persons arrested for Rs 48 crore GST fraud in Jalandhar

31 January 2023 at 08:39

In a major operation against tax evaders, the GST wing of the Taxation Department, Punjab, on Monday arrested four persons for a fraud of Rs 48 crore from Jalandhar.

Posted in GST | 6243 Views

UP street vendor charged with Rs 366 crore GST fraud

30 January 2023 at 08:32

UP street vendor who makes ends meet by selling clothes on the streets of Muzaffarnagar with a turnover of roughly Rs 500 per day was shocked to find GST officials knocking on his door and charged with amassing Rs 366 crore through tax fraud.

Posted in GST | 3369 Views

GST Portal will soon allow negative values in Table 4 of GSTR-3B

28 January 2023 at 08:39

GSTN will soon allow negative values in Table 4 of GSTR-3B, allowing users to show the net off credit notes values in Table 4A which will make Table 8 of the GSTR-9 comparison consistent as per the Release Notes.

Posted in GST | 10005 Views

Launch of New GST Reports in ADVAIT

25 January 2023 at 08:39

The Directorate General of Systems & Data Management has issued an Update dated January 05, 2023 regarding the launch of New GST Reports in the Advanced Analytics in Indirect Taxation ("ADVAIT").

Posted in GST | 11712 Views

GST to set up 5 forensic laboratories to counter digital savvy evaders

23 January 2023 at 08:36

CBIC has got approval for setting up five inhouse digital forensic laboratories in Directorate General of GST intelligence. This inhouse mechanism aims to facilitate investigation in tax evasion.

Posted in GST | 4215 Views