Tag: GST updates

The gross GST revenue collected in the month of February 2022 is Rs 1,33,026 crore of which CGST is Rs 24,435 crore, SGST is Rs ...

For GSTR 9: Rs 200 per day of delay subject to a maximum cap of an amount at 0.25% of ...

Thus, according to above notification the limit of e-invoicing has been further reduced to Rs. 20 crore from 50 crore w.e.f. ...

Preliminary enquiry conducted so far into these transactions has revealed fake invoicing of around Rs. 611 crores and tax evasion of over Rs. 38.5 crores. ...

Both the proprietors of the said firms have accepted that they have availed and passed on fraudulent ITC of Rs. ...

Removal of ‘Submit’ button before filing : The present two-step filing of GSTR-1/IFF involving ‘Submit’ and ‘File’ buttons will be replaced with ...

This advance ruling was pronounced by Authority for Advance Ruling in Karnataka in case of Sri Sairam Gopalkrishna Bhat on ...

The office of Pr. CCA, CBIC has setup a ‘GST Refund Help Desk’ for addressing payment related problems faced by ...

The firm has engaged in availing and utilizing a fraudulent Input Tax Credit (ITC) on the bogus invoices of Rs ...

India's Digital currency: RBI to bring Digital Rupee from 2022 and bring India's own digital currency which will be regulated ...

The Gurugram Zonal Unit (GZU) of Directorate General of GST Intelligence (DGGI), has arrested one person on 18.01.2022 under the ...

After analysis of the evidences and data, it was revealed that this network consists of 275 bogus firms which exist ...

The new functionality of interest calculator in GSTR-3B is now live on the GST Poral. This functionality will facilitate & ...

To mark the final stage of Union Budget making process, sweets provided to core staff due for “lock-in” at their ...

Sub-section (12) of section 75 of the CGST Act, 2017 (hereinafter referred to as "the Act") provides that notwithstanding anything ...