GST News

CBIC extends deadline of GSTR-9 and GSTR-9C for FY 2020-21

30 December 2021 at 08:38

The due date for furnishing annual return in FORM GSTR-9 & self-certified reconciliation statement in FORM GSTR-9C for the financial year 2020-21 has been extended from 31.12.2021 to 28.02.2022.

Posted in GST | 18414 Views

DGGI Ahmedabad seizes more than Rs 177 crore in the premises of Shikhar Brand Pan Masala and Tobacco Products

28 December 2021 at 08:45

Search operations in related premises continue with recovery of Rs 17 crore, 64 kg gold and 600 kg sandalwood oil worth Rs 6 crore

Posted in GST | 2322 Views

CBIC issues clarification w.r.t Surprise GST Recovery Visits from 1st January 2022

27 December 2021 at 08:40

The Central Board of Indirect Tax and Customs via their official Twitter handle has issued a clarification with regard to the Surprise GST Recovery Visits from 1st January 2022

Posted in GST | 2 comments | 19305 Views

Officers of DGGI, Ahmedabad initiates search operations on manufacturer supplying goods for non-payment of tax in Kanpur

25 December 2021 at 08:01

Officers Of Directorate General Of GST Intelligence (DGGI), Ahmedabad With The Support Of Officers Of Local Central GST Initiated Search Operations In Kanpur

Posted in GST | 2370 Views

Mumbai Based CA arrested for generating Fake Input Tax Credit

20 December 2021 at 08:46

On 14/12/2021 (Tuesday) GST Officers of Thane commissionerate arrested Vikram Jain, a Mumbai-based CA for generating fake invoices worth more than Rs 500 crores to tune a GST of Rs 92 crores without actual receipt of goods.

Posted in GST | 4 comments | 12084 Views

Payment of GST compensation to States in times of COVID-19 pandemic

08 December 2021 at 08:37

As per the provisions of the GST (Compensation to States) Act, 2017, GST compensation for financial years 2017-18, 2018-19 and 2019-20 has already been paid to the States.

Posted in GST | 4653 Views

New functionalities deployed on the GST Portal for taxpayers in Nov 2021

03 December 2021 at 08:45

Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics.

Posted in GST | 9993 Views

GST revenue collection rises 25% to Rs 1.30 lakh crore in November

01 December 2021 at 14:01

GST collection for November,2021 surpassed last month collection registering the second highest since implementation of GST

Posted in GST | 2361 Views

Gross GST Collection in FY 2021-22 shows increasing trend

30 November 2021 at 08:42

The gross GST Collection in FY 2021-22 post COVID-19 pandemic outbreak are showing an increasing trend. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in written reply to a question in Lok Sabha.

Posted in GST | 1668 Views