GST News

CBIC provides facilitation for exporters having IGST refund issues

22 February 2021 at 19:41

CBIC has extended the time limit for sanction of pending IGST refunds in such cases where records have not been transmitted to ICEGATE due to GSTR1 and GSTR3B mismatch error.

Posted in GST | 2 comments | 8760 Views

Request to grant Extension of GSTR 9 and 9C by CGPI

22 February 2021 at 11:05

CGPI has filed the request to grant an extension for GSTR 9 & 9C – Financial Year 2019/20 from 28.02.2021 to 31.03.2021 considering grass root realities faced by all the stakeholders.

Posted in GST | 22326 Views

CBIC clarifies no GST Annual Return for registered person having turnover less than Rs. 2 crores

22 February 2021 at 05:16

Please note furnishing of annual return under section 44(1) of the CGST Act for FY 2019-20 has been made optional for registered person having aggregate turnover less than Rs. 2 crores.

Posted in GST | 20706 Views

GST compensation shortfall released to States reaches Rs. 1 lakh crore

20 February 2021 at 22:30

17th Instalment of Rs. 5,000 crore released to the States on Friday, 19th February 2021. 91 percent of the estimated shortfall released.

Posted in GST | 1929 Views

Chairman, CBIC lays the foundation stone of a new CGST Ghaziabad Building

19 February 2021 at 05:10

Chairman CBIC Sh. M Ajit Kumar & Zonal Member Smt. Sungita Sharma laid the foundation stone for new state of the art CGST Ghaziabad Building

Posted in GST | 1764 Views

CGST Delhi officials arrest 4 in 3 different cases of ITC fraud of Rs 178 crore

15 February 2021 at 23:08

Four individuals were arrested in three different cases in terms of Section 69(1) of the CGST Act, 2017 for commission of offences under Section 132 (1) of the CGST Act, 2017

Posted in GST | 1947 Views

16th Instalment of Rs.5,000 crore released to meet the GST compensation shortfall

15 February 2021 at 23:06

A total amount of Rs.95,000 crore released so far to all States and UTs with legislature. This is in addition to additional borrowing permission of Rs.1,06,830 crore granted to the States.

Posted in GST | 1053 Views

15th Instalment of Rs.6,000 crore released to the States to meet the GST compensation shortfall

13 February 2021 at 05:28

A total amount of Rs.90,000 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 | 1053 Views

14 important FAQs on QRMP scheme

12 February 2021 at 05:36

The Quarterly Return and Monthly Payment Scheme aims to simplify compliance for small taxpayers. In this news piece, CBIC has answered the 14 most important FAQs on the scheme.

Posted in GST | 1 comments | 4869 Views

Due dates for filing of Form GSTR-3B from the Tax Period of January, 2020

12 February 2021 at 05:34

CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov. 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017 to provide for staggered filing of Form GSTR-3B for the tax periods from January 2021.

Posted in GST | 5652 Views