GST News

CBIC clarifies no GST Annual Return for registered person having turnover less than Rs. 2 crores

22 February 2021 at 05:16

Please note furnishing of annual return under section 44(1) of the CGST Act for FY 2019-20 has been made optional for registered person having aggregate turnover less than Rs. 2 crores.

Posted in GST | 20727 Views

GST compensation shortfall released to States reaches Rs. 1 lakh crore

20 February 2021 at 22:30

17th Instalment of Rs. 5,000 crore released to the States on Friday, 19th February 2021. 91 percent of the estimated shortfall released.

Posted in GST | 1944 Views

Chairman, CBIC lays the foundation stone of a new CGST Ghaziabad Building

19 February 2021 at 05:10

Chairman CBIC Sh. M Ajit Kumar & Zonal Member Smt. Sungita Sharma laid the foundation stone for new state of the art CGST Ghaziabad Building

Posted in GST | 1794 Views

CGST Delhi officials arrest 4 in 3 different cases of ITC fraud of Rs 178 crore

15 February 2021 at 23:08

Four individuals were arrested in three different cases in terms of Section 69(1) of the CGST Act, 2017 for commission of offences under Section 132 (1) of the CGST Act, 2017

Posted in GST | 1971 Views

16th Instalment of Rs.5,000 crore released to meet the GST compensation shortfall

15 February 2021 at 23:06

A total amount of Rs.95,000 crore released so far to all States and UTs with legislature. This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States.

Posted in GST | 1062 Views

15th Instalment of Rs.6,000 crore released to the States to meet the GST compensation shortfall

13 February 2021 at 05:28

A total amount of Rs.90,000 crore released so far to all States and UTs with the legislature. This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States.

Posted in GST | 1068 Views

14 important FAQs on QRMP scheme

12 February 2021 at 05:36

The Quarterly Return and Monthly Payment Scheme aims to simplify compliance for small taxpayers. In this news piece, CBIC has answered the 14 most important FAQs on the scheme.

Posted in GST | 1 comments | 4890 Views

Due dates for filing of Form GSTR-3B from the Tax Period of January, 2020

12 February 2021 at 05:34

CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov. 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017 to provide for staggered filing of Form GSTR-3B for the tax periods from January 2021.

Posted in GST | 5664 Views

GST Portal | Functionality to opt in for Composition Scheme for FY 2021-22 now available

11 February 2021 at 05:24

Functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard of taxpayers at Common Portal.

Posted in GST | 5853 Views

Know more about - QRMP scheme and how to furnish details in IFF

11 February 2021 at 05:21

To know more about QRMP scheme; please visit https://bit.ly/3oZgBU1 and for furnishing details in IFF and furnishing tax details PMT06; please visit https://bit.ly/3aMU7Rg.

Posted in GST | 3492 Views