GST News

GSTN issues advisory for quarterly taxpayers to file GSTR 3B for the quarter Jan-Mar, 21

01 April 2021 at 23:12

Quarterly taxpayers are able to see the GSTR3B tile for Jan, Feb and Mar 21. They are requested to file GSTR 3B for the quarter Jan-Mar, 21 using tile for Mar, 21.

Posted in GST | 12252 Views

Rs. 1,23,902 crore of gross GST revenue collected in the month of March 2021

01 April 2021 at 19:24

The gross GST revenue collected in the month of March 2021 is at a record of Rs. 1,23,902 crore of which CGST is Rs. 22,973 crore, SGST is Rs. 29,329 crore, IGST is Rs. 62,842 crore and Cess is Rs. 8,757 crore.

Posted in GST | 1608 Views

GST Changes w.e.f 1st April 2021

01 April 2021 at 05:39

Changes brought in GST with effect from 1st April 2021 has been listed here.

Posted in GST | 12 comments | 35625 Views

Links to access HSN Code/Service Accounting Code

01 April 2021 at 05:36

Links to access HSN Code/Service Accounting Code for FY 2021-22 onwards have been listed here.

Posted in GST | 2 comments | 5433 Views

GST | HSN Code / SAC mandatory on invoices with turnover of more than Rs. 5 crore w.e.f 1st April 2021

31 March 2021 at 19:57

HSN Code/ Service Accounting Code mandatory on invoices as per revised requirement from 1st April 2021 for GST taxpayer with a turnover of more than Rs 5 crore...

Posted in GST | 2 comments | 11739 Views

GSTR 1 Filing under QRMP Scheme for Jan-March 2021

31 March 2021 at 19:37

The taxpayers under QRMP scheme have a facility to file Invoice Furnishing Facility (IFF) in first two months of the quarter and file Form GSTR-1 in third month of the quarter.

Posted in GST | 3714 Views

Centre releases state-wise GST compensation / IGST Settlement for the FY 2020-21

30 March 2021 at 20:57

Centre releases Rs. 30,000 crore as GST Compensation as well as Rs. 28,000 crore as IGST ad-hoc settlement to the States/UTs

Posted in GST | 3063 Views

CGST West Delhi officials arrest man for ITC fraud of around Rs 9 crore

26 March 2021 at 21:00

Based upon specific intelligence, the officers of the Anti Evasion branch of CGST Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible ITC through goods less invoices of Rs 9 crore (approx).

Posted in GST | 2667 Views

CGST Delhi officials arrest man for ITC fraud of around Rs 94 crore

26 March 2021 at 19:13

The officers of CGST Delhi North Commissionerate upon data analysis and gathering of intelligence zeroed in on Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees.

Posted in GST | 2 comments | 2277 Views

GST | Opting-in for Composition Scheme for FY 2021-22

24 March 2021 at 19:19

The eligible registered taxpayers, who want to opt-in for composition scheme for the FY 2021-22, need to file FORM GST CMP-02 application, on or before 31st March, 2021, post login on GST portal.

Posted in GST | 7881 Views