GST News

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 | 2886 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 | 3030 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 | 9159 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 | 4221 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 | 3441 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 | 5604 Views

Uttarakhand businessman sentenced to 5 years for ITC fraud of Rs. 17 crore

22 December 2022 at 08:35

A businessman in Uttarakhand's Haridwar district has been sentenced to five years in jail for an input tax credit fraud of Rs. 17 crore.

Posted in GST | 7425 Views

GST compensation of Rs 17,176 crore pending to states as on June 2022

21 December 2022 at 08:50

The government on Tuesday informed Rajya Sabha that GST compensation of Rs 17,176 crore is pending to states as on June 2022.

Posted in GST | 4407 Views

CBI arrested CGST Superintendent in a bribary case of Rs 20 lakh to close GST evasion case

21 December 2022 at 08:50

The CBI has arrested a Superintendent of CGST, Anti-Evasion Unit, Vashi, Navi Mumbai (Maharashtra) in a bribery case for demanding a bribe of Rs 20 Lakh for closing an investigation and not arresting the accused in a GST evasion case.

Posted in GST | 7119 Views