GST News

DGGI Mumbai Zonal Unit busts fake GST ITC of Rs. 35.11 Crores

07 July 2022 at 08:53

The Mumbai Zonal Unit of the Directorate General of GST Intelligence [DGGI-MZU] on Saturday, 2 July 2022 arrested Amanpuneet Singh Kohli, Director of M/s. Immensa Multiventures Pvt. Ltd. and six other Companies under the provisions of the CGST Act, 2017.

Posted in GST | 4404 Views

Scope for further pruning of GST exemption list: Revenue Secretary Tarun Bajaj

06 July 2022 at 08:33

Revenue secretary Tarun Bajaj on Tuesday said there is scope for further pruning of the GST exemption list and expressed hope that the "rough edges" in the indirect tax regime will be ironed out in the next 2-3 years.

Posted in GST | 3708 Views

GST e-invoicing to be made mandatory for companies with turnover of Rs 5 crore and above

05 July 2022 at 12:32

The Centre is reportedly considering making GST e-invoicing compulsory for entities with a turnover of Rs 5 crore from this financial year.

Posted in GST | 2 comments | 17805 Views

CBIC honours taxpayers contributing to the GST success story

02 July 2022 at 08:50

32 officers awarded with commendation certificate on 5th of GST Day

Posted in GST | 3216 Views

GST collection crosses Rs. 1.44 lakh crore for June 2022

01 July 2022 at 14:25

Rs. 1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year

Posted in GST | 3396 Views

GST rate changes to take effect from 18th July 2022

30 June 2022 at 08:41

Several goods and services will cost more from July 18 with the Goods and Services Tax (GST) Council approving an increase in rates to address inverted duty structures and withdrawing some exemptions.

Posted in GST | 21471 Views

Key Highlights of 47th GST Council Meeting

28 June 2022 at 08:41

Recommendations of 47th GST Council Meeting

Posted in GST | 2 comments | 18336 Views

GST compensation cess levy extended till March 2026

25 June 2022 at 16:00

The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026.

Posted in GST | 1 comments | 4821 Views

GST officials unearthed tax evasion worth over 125 crore

22 June 2022 at 08:46

State GST (investigation) officials have unearthed tax evasion to the tune of crores of rupees by a Perumbavoor gang, which allegedly forged bills using iron scrap dealership as a front and misappropriated input tax.

Posted in GST | 2 comments | 5322 Views

Amendments in GSTR 3B may be allowed in upcoming GST Council Meeting

21 June 2022 at 08:55

The Goods and Services Tax Council is set to discuss a slew of law changes it is looking to introduce. This would include amendments to GSTR3B - the monthly GST return to be filed by taxpayers - among others.

Posted in GST | 6 comments | 8382 Views