GST News

DGGI Mumbai zone makes arrest for passing on fictitious ITC

19 September 2019 at 16:53

The Mumbai Zonal Unit of the Directorate General of GST Intelligence (DGGI-MZU) on Tuesday (17th September) made an arrest for one Shri Sandeep alias Karan Arora, Managing Director of M/s High Ground Enterprises Ltd.; on charges of having availed &am

Posted in GST | 1 comments | 3990 Views

Online Version of New Return (Trial) now available on GST Portal

19 September 2019 at 11:37

Online Version of New Return (Trial) now available on GST Portal

Posted in GST | 3 comments | 7740 Views

Additional 15% depreciation allowed on vehicle purchased upto 31st March 2020

17 September 2019 at 13:32

Further to the announcement made by Smt FM on 23-08-2019, an additional 15% depreciation has been allowed on motor vehicles purchased from 23-08-2019 till 31-03-2020.

Posted in GST | 10 comments | 11988 Views

Racket busted of ITC 195 crore passed on using 847 crore GST invoice

16 September 2019 at 11:20

The four accused were arrested on 14.09.2019 and have been remanded to judicial custody for 14 days.

Posted in GST | 19770 Views

Payment on voluntary basis through GST DRC-03

16 September 2019 at 11:20

Important Clarification on GST DRC-03

Posted in GST | 2 comments | 8370 Views

Operation across India by 1200 officers against fraud in claiming refund of IGST by exporters

13 September 2019 at 12:35

Biggest ever pan-India joint operation by Directorate General of GST Intelligence and Directorate General of Revenue Intelligence against fraudulently claiming refund of IGST by exportersDGGI & DRI crackdown involved about 1200 officersIn the big

Posted in GST | 1 comments | 7098 Views

GSTR-1 and GSTR-6 due date extended to 20th Sep in J&K and 58 flood affected districts

02 September 2019 at 12:07

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2019 - Central Tax Ne

Posted in GST | 3 comments | 10587 Views

Declare details of outward supplies with reverse charge in GST ANX-1

02 September 2019 at 12:07

Features of GST ANX-1 - 'Taxpayer can declare details for outward supplies, imports & inward supplies with reverse charges'New Return Offline Tool (Beta)The New Return Offline Tool can be used to : Prepare ANX-1 Take Action in ANX-2 Match

Posted in GST | 2 comments | 5649 Views

GST revenue collection slips below 1 lac crore as economy slows down

02 September 2019 at 12:06

GST Revenue collection for August, 2019 Rs 98,202 crore of total gross GST revenue collected in August

Posted in GST | 3027 Views

Requirement to furnish declaration in Form ITC-04 waived

31 August 2019 at 18:04

Notification 38/2019-CT dated 31.08.2019 issued waiving requirement to furnish declaration in FORM ITC-04 for the period July, 2017-March 2018 and FY 2018-19.

Posted in GST | 1 comments | 6741 Views