GST News

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 | 2235 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 | 7824 Views

Request letter for writing a new simple and practical GST law to facilitate small traders of the nation

24 March 2021 at 11:54

Reminder Request Letter for writing a new simple and practical GST law to facilitate small traders of the nation by the Federation of All India Vyapar Mandal.

Posted in GST | 1632 Views

GST-related matters are not Ministry of Finance matters, says FM

24 March 2021 at 05:16

GST-related matters are not similar to that of the Ministry of Finance matters as the decisions related to GST are made by the GST Council, wherein, all state ministers of Finance are members.

Posted in GST | 9228 Views

CBIC clarifies regarding payment of GST dues during March 2021

20 March 2021 at 19:39

Taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge their GST due for March month.

Posted in GST | 14181 Views

GSTN | Due dates for filing of Form GSTR-3B from the Tax Period of January, 2021

16 March 2021 at 20:41

GSTN Due dates for filing of Form GSTR-3B from the Tax Period of January 2021 as per the revised Rule 61 of CGST Rules 2017 and Notification No. 82/2020 - Central Tax

Posted in GST | 5508 Views

GSTN | IFSC of 8 banks have changed due to merger

16 March 2021 at 20:34

IFSC of 8 banks has changed due to a merger. Taxpayers may update their Bank Account details through non-core Amendments and update refund application, in case failed due to validation error sent by PFMS.

Posted in GST | 10548 Views

100% of the estimated GST compensation shortfall of Rs.1.10 Lakh crore released

15 March 2021 at 19:38

With the current release, 100 percent of the total estimated GST compensation shortfall of Rs.1.10 lakh crore for the year 2020-21 has now been released to the States & UTs with Legislative Assembly.

Posted in GST | 2052 Views

CGST Commissionerate, Ghaziabad arrests two persons in case of issuance of fake invoices

13 March 2021 at 05:41

CGST Commissionerate, Ghaziabad arrests 2 persons which led to unearthing of GST fraud involving taxable value of Rs.93 Crores (approx.) and passing of fake ITC of Rs.16 crores(approx.) involving more than 25 firms.

Posted in GST | 3435 Views

GST | CBIC issues clarification on refund related issues

12 March 2021 at 22:22

The Central Board of Indirect Taxes and Customs, on receiving representations from various associations, has released a clarification on some of the issues relating to GST refunds in case of Deemed Export Supplies, Zero-Rated Supplies, and Section 89(4).

Posted in GST | 6900 Views