The businesses that could not claim tax credits for taxes paid during the pre-goods and services tax (GST) era may soon get an opportunity to do so. The government, from October 1, is likely open a special window for businesses to file their claims.
New Functionalities made available for Taxpayers on GST Portal (August, 2022)
Officers of CGST Bhiwandi Commissionerate in Mumbai Zone have busted a fake invoice racket involving issuance of invoices amounting to Rs 132 crore and availing/passing on Input Tax credit of Rs 23 crore.
E-way bills, or electronic way bills, reflected a growth of 19 percent this year after their generation reached an all-time high of 78.21 million in August.
Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit (ITC) of Rs. 27.80 crore on invoices of Rs 142 Crore
The Goods and Services Tax wing of the Central Board of Indirect Taxes and Customs (CBIC) has carried out tax searches and inspections against several insurance companies.
IRCTC (Indian Railway Catering and Tourism Corporation) has denied media reports that separate GST is applicable for using washrooms in waiting rooms of Railway stations.
Hon'ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022
The notified changes in Table 4 of GSTR-3B have now been implemented on the GST Portal.
Revenues for the month of August 2022 28% higher than the GST revenues in the same month in 2021
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