GST News

GST compensation shortfall released to States reaches Rs. 1.04 Lakh crore

01 March 2021 at 18:00

The Ministry of Finance, Department of Expenditure has on Friday, released the 18th weekly instalment of Rs. 4,000 crore to the States to meet the GST compensation shortfall. 94% of the estimated shortfall released.

Posted in GST | 1281 Views

CBIC extends due date for filing GSTR-9 and GSTR-9C for FY 2019-20 to 31st March 2021

28 February 2021 at 18:31

In view of the difficulties expressed by the taxpayers in filing GSTR-9 and GSTR-9C, the Government has decided to further extend the due date for furnishing the same for the financial year 2019-20 to 31.03.2021.

Posted in GST | 3 comments | 30624 Views

CGST Commissionerate Delhi officials arrest man for ITC fraud of Rs 50.03 crore

28 February 2021 at 11:21

The officers of CGST Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST).

Posted in GST | 2685 Views

CBIC Meerut unearths fake invoicing cases worth Rs. 240 crores

27 February 2021 at 10:45

The CGST & Customs Meerut Zone, via their official Twitter handle, has made the public aware of the unearthing of fake invoicing GST cases worth Rs. 240 crores. As per the officials, a total of 12 persons have been arrested following these cases.

Posted in GST | 2478 Views

Advisory for GSTR 9 and GSTR 9C by GSTN

25 February 2021 at 23:00

Advisory on Annual Return (GSTR-9) and Advisory on Reconciliation Statement (GSTR-9C) by GSTN has been listed here.

Posted in GST | 22242 Views

Representation Seeking Extension Of Due Date For Furnishing GSTR 9C For 2019-20

25 February 2021 at 17:54

KSCAA has written a representation letter to the Finance Minister seeking an extension in the due date for furnishing GSTR 9 and 9C for FY 19-20 to 31st May 2021.

Posted in GST | 22629 Views

Applicability of Dynamic QR Code on B2C invoices & compliance

25 February 2021 at 16:04

CBIC has issued a clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020 - Central Tax dated 21st March 2020.

Posted in GST | 1 comments | 8037 Views