GST News

Businesses will be able to claim pre-GST tax credits from 1st October

13 September 2022 at 08:38

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.

Posted in GST | 4212 Views

New functionalities deployed on GST Portal for taxpayers - August 2022

12 September 2022 at 15:38

New Functionalities made available for Taxpayers on GST Portal (August, 2022)

Posted in GST | 6270 Views

CGST Bhiwandi Commissionerate arrests Rs. 132 crore Fake Invoice racket mastermind

12 September 2022 at 08:36

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.

Posted in GST | 5832 Views

E-way bill generation at all time high as festive season arrives

09 September 2022 at 17:46

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.

Posted in GST | 2 comments | 3771 Views

CGST officers busts Rs. 142 Crore fake GST invoice racket

09 September 2022 at 08:42

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

Posted in GST | 4893 Views

GST wing of CBIC conducts tax inspections against insurance companies

08 September 2022 at 08:45

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.

Posted in GST | 5607 Views

No GST on using washrooms of Executive Lounges at railway stations: IRCTC

05 September 2022 at 08:37

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.

Posted in GST | 3579 Views