Now CBIC directs Infosys to sort glitch in generation of April 2022 GSTR-2B. Proposal for extension of due date being considered!
Incomplete GSTR-2B in some cases
A new tax rate of 6% IGST or 3% CGST+ 3% SGST has been introduced on certain goods vide Notification No. 02/2022 dated 31st March 2022.
The crypto industry's tax distress in India may get worse as the government looks to expand indirect taxes on the space in the coming days.
The functionality of AATO for the FY 2021-22 has now been made live on taxpayers’ dashboards
Gross GST collection in April 2022 is all time high, Rs 25,000 crore more than the next highest collection of Rs. 1,42,095 crore, just last month
Since FY 2019-20, composition taxpayers has to pay the liability through Form GST CMP-08 on quarterly basis while return in Form GSTR-4 is required to be filed on annual basis after end of a financial year.
CGST Commissionerate Mumbai South Arrests Co-conspirator in a Fake Input Tax Credit Claim of Rs. 11.07 Cr; Proprietor arrested earlier
Rs. 2.78 lakh crore of compensation released to States for the year 2020-21 itself; nothing is pending for the year
GSTR-1 enhancements & improvements
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