GST News

GST Portal | Functionality to opt in for Composition Scheme for FY 2021-22 now available

11 February 2021 at 05:24

Functionality to opt in for composition has been made available for FY 2021-22 in the Dashboard of taxpayers at Common Portal.

Posted in GST | 5838 Views

Know more about - QRMP scheme and how to furnish details in IFF

11 February 2021 at 05:21

To know more about QRMP scheme; please visit https://bit.ly/3oZgBU1 and for furnishing details in IFF and furnishing tax details PMT06; please visit https://bit.ly/3aMU7Rg.

Posted in GST | 3480 Views

DGGI Gurugram arrests man for fraudulently availing ITC of more than Rs 69 crore

10 February 2021 at 20:37

DGGI Gurugram Zonal Unit (GZU), Haryana has arrested one Shei Surender Kumar Gupta resident of New Delhi on charges of availing and passing on fake input tax credit by way of receipt/issuance of invoices without any actual supply of goods or services.

Posted in GST | 1581 Views

DGGI Gurugram arrests man for fraudulently availing ITC of Rs 376 crore through 7 fake firms

10 February 2021 at 20:37

DGGI Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Ritesh Aggarwal, resident of Bahadurgarh, Haryana on charges of passing and availment of fake ITC.

Posted in GST | 1803 Views

CGST Officials arrest one involved in fake ITC of Rs. 82.23 crore

10 February 2021 at 05:33

In the ongoing drive against fake billing operations, the officers of CGST Commissionerate, Delhi East, have unearthed a multi-layered network of fictitious firms being used by their operators to generate and pass on fake ITC.

Posted in GST | 1773 Views

Payment of Tax by Fixed Sum Method under QRMP Scheme

05 February 2021 at 05:54

W.e.f. 1st January 2021, two options are available to the taxpayers who are under the QRMP Scheme for tax payment for the first 2 months of a quarter i.e Fixed Sum Method and Self-Assessment Method.

Posted in GST | 1 comments | 11796 Views

DGGI Gurugram arrests one for collecting GST of Rs. 12.67 crore

05 February 2021 at 05:54

DGGI, North Zone, Gurugram, has arrested Shri Harish Kumar Rampal, Chartered Accountant, proprietor of M/s Rampal and Company (ICAI Reg. No. 080333).

Posted in GST | 1851 Views

14th Instalment of Rs. 6,000 crore released to the States to meet the GST compensation shortfall

03 February 2021 at 14:05

A total amount of Rs. 84,000 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 | 969 Views

Know how to match Form GSTR-2B with Purchase Register using a Matching Tool

03 February 2021 at 05:43

Watch to know how you can match Form GSTR-2B with Purchase Register using a Matching Tool

Posted in GST | 4563 Views

GST Audit to continue for FY 2019-20, clarifies CBIC

03 February 2021 at 05:39

CBIC notifies that Sections 35 and 44 of CGST Act are proposed to be amended in Finance Bill 2021. However, these proposals will come into effect from a date to be notified later. For FY 2019-20, the existing provisions shall continue.

Posted in GST | 19176 Views