The NIC system is geared up to take the load of the taxpayers, with an annual turnover of more than Rs 100 Crores, to generate the IRNs from 01.01.2021, as notified by the government.
The ceremony was presided over by the Chairman CBIC, Shri. M. Ajit Kumar. The Chairman received the Guard of Honour and inspected the parade.
Request generated by the Bombay Chartered Accountants' Society, Chartered Accountants Association Ahmedabad, Chartered Accountants Society Surat, Karnataka State Chartered Accountants Association, and Lucknow Chartered Accountants Society.
Auto-population of system computed details in Form GSTR-3B, has been enabled for taxpayers (filing their Form GSTR-1 on monthly basis), from November 2020 Tax Period onwards.
Know about Quarterly Return and Monthly Payment Scheme (QRMP) for GST Taxpayers.
7th Instalment of Rs.6,000 crore released to the States as back to back loan to meet the GST compensation shortfall
The preliminary investigation has unveiled a network of around 50 firms registered in the same premises and involved in fraudulent activity of circular trading...
Enhancements in e-Way Bill System
To handle the menace of fake firms, fly-by-night operators, and circular trading entities, GST field formations canceled 1,63,042 registrations in the month of Oct & Nov due to non-filing of GSTR-3B returns.
Firm action has been taken by CGST Delhi Zone in this financial year i.e. 2020-21, has resulted in detection of GST evasion of 3542.02 Crores, and 14 accused have been arrested so far.
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)