Central Govemment, on the recommendations of the Council, makes rules further to amend the Central Goods and Services Tax Rules, 2017.
Delhi government's VAT and GST collection posted a surge of about 50 per cent in October this year, against the same month in 2021.
The Central Board of Indirect Taxes & Customs ("CBIC"), Department of Revenue, Ministry of Finance has released an updated 23 E-Brochures as of November 2022.
As per information, the raids were conducted in a joint operation with Gujarat GST at locations in districts such as Surat, Ahmedabad, Jamnagar, Bharuch and Bhavnagar over tax evasion and money trail on international routes.The Anti-Terrorism Squad (
CBIC vide Circular No. 181/13/2022-GST dated November 10, 2022 has issued a clarification on refund related issues under GST Law.
Important changes have been made in Return Filing Process
GSTN has started allowing the amendment related to FY 2021-22 in October 2022 return period. This is in line with the recent amendment in the GST Law wherein amendment can be done up to 30th November of the next FY.
While Central GST collections could exceed the budget target for FY23 by about Rs 1 trillion, excise duty collections may fall short of the Budget estimate (BE) by Rs 40,000-50,000 crore.
The Maharashtra Goods & Services Tax Department has busted a GST scam involving fake invoices worth Rs 45 crore and arrested a businessman for the alleged fraud, an official said here on Friday.
The economic offences cell of city police busted a major GST input tax credit racket in which refund was allegedly usurped using bogus bills of transactions worth Rs 200.