GST News

13th Instalment of Rs.6,000 crore released to the States to meet the GST compensation shortfall

25 January 2021 at 16:25

A total amount of Rs.78,000 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 | 1 comments | 2700 Views

Notice Inviting Tender for Empanelment and Selection of GST Auditor by ICMAI

23 January 2021 at 08:39

The Institute of Cost Accountants of India has released a notification inviting E-Tenders under single stage two-part system for the empanelment and selection of GST Auditor for Financial Year 2019-20 for 18 GSTIN in 17 states.

Posted in GST | 4416 Views

Module wise new functionalities deployed on the GST Portal during Oct-Dec, 2020 for taxpayers

22 January 2021 at 08:38

Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund, other Miscellaneous topics.

Posted in GST | 4341 Views

Cyber attack on GST Portal says GSTN

21 January 2021 at 14:09

The GST Tech team apologizes to the taxpayers for the inconvenience caused by their end as taxpayers get denied access to The GST Portal.

Posted in GST | 4 comments | 18045 Views

16.5 lakhs returns filed on 20th of Jan 2021 till 7 PM on GST Portal

21 January 2021 at 10:38

An entire day filled with brisk filing activity and a total number amounting to 16.5 lakh returns (including GSTR 3Bs) were filed yesterday till 7 PM on the GST portal.

Posted in GST | 1977 Views

QRMP scheme launched for taxpayers up to Rs. 5 Cr turnover

20 January 2021 at 10:42

Taxpayers having a turnover of up to 5 Cr. have the option to file their GSTR-1 and GSTR-3B returns quarterly under the Quarterly Return Monthly Payment(QRMP) Scheme.

Posted in GST | 1 comments | 13293 Views

CBIC reminds taxpayers with Aggregate annual Turnover of up to Rs. 5 crore to file GSTR-3B on or before 22nd Jan 21

20 January 2021 at 10:42

GST Taxpayers falling under the State Group 1 and having an aggregate turnover of up to Rs. 5 Cr to file their respective monthly GSTR-3B return for December,2020 on or before 22nd Jan, 2021.

Posted in GST | 2319 Views

CBIC has extended the facility of deferred duty payment to Public Undertakings

19 January 2021 at 08:30

For an uninterrupted and continuous supply of essential goods and services, The Central Board of Indirect Taxes and Customs extends the facility of deferred duty payment to the public undertakings.

Posted in GST | 10011 Views

12th Instalment of Rs. 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall

19 January 2021 at 08:30

Ministry of Finance has released the 12th installment of Rs.6000 crore for the states and the UT's with legislation to meet the GST compensation shortfall. Till now a total of 65% of the estimated GST compensation has been released.

Posted in GST | 1038 Views

CBIC reminds taxpayers with Aggregate Turnover of more than Rs. 5 crores to file GSTR-3B by 20th January 2021

18 January 2021 at 12:54

Taxpayers with an annual turnover of over 5 CR during FY 2019-20 to file their monthly GSTR-3B for December 2020 on or before 20 January, 2021 failing to which will attract late fee and interest.

Posted in GST | 3 comments | 25830 Views