GST News
GSTN | e-Invoicing Enablement Status Update for Taxpayers
16 June 2023 at 16:45Advisory: Update on Enablement Status for Taxpayers for e-Invoicing
Four misuse PAN and GST number of Bengaluru businessman, held for tax evasion
16 June 2023 at 08:43The Bengaluru cybercrime police have arrested four people for allegedly misusing the PAN card and GST number of a Bengaluru businessman to evade taxes.
Massive Rs 8,100 Crore GST Evasion Uncovered: 4,909 Fake Businesses Busted
16 June 2023 at 08:41The Madhya Pradesh GST department has detected a major case of GST evasion to the tune of more than ₹ 8,100 crore. The investigation revealed that the evasion was carried out through 4,909 bogus business establishments spread across the country.
Guidelines released by CBIC for GST Registration Application Processing
15 June 2023 at 08:45Central Board of Indirect Taxes and Customs (CBIC) has issued Important Guidelines for processing of applications for GST registration. These guidelines were issued on June 14, 2023, in order to prevent the menace of fake or bogus registrations.
Massive GST Evasion: Rs. 30,000 Crore unearthed
15 June 2023 at 08:43A nationwide crackdown by the Goods and Services Tax (GST) authorities has unearthed tax evasion to the tune of ₹30,000 crore.
Former CBIC Chairperson Urges GST Council to Differentiate Taxation for Betting and Skill-based Online Games
14 June 2023 at 08:59Former chairperson of the Central Board of Indirect Taxes and Customs (CBIC) John Joseph has said that the Goods and Services Tax (GST) Council must differentiate between skill-based and betting-based online games before taxing them.
2-Factor Authentication mandatory for taxpayers with AATO above Rs.100 crore from 15th July 2023
13 June 2023 at 08:55To enhance the security of e-Way Bill/e-Invoice System, NIC is introducing 2-Factor Authentication for logging in to e-Way Bill/e-Invoice system. In addition to username and password, OTP will also be authenticated for login.
CBIC considers introducing prefilled consolidated GST return forms, similar to Income Tax Filing
13 June 2023 at 08:52CBIC is considering introducing pre-filled consolidated GST return forms, similar to the Annual Information Statement (AIS) used by the Income Tax department.
Banks express concern over liquidity ahead of advance tax outflow and GST
13 June 2023 at 08:51The Reserve Bank of India (RBI) conducted a variable rate reverse repo (VRRR) auction on Friday, but banks remained reluctant to park funds with the central bank.
GST Fraud Alert: Rs 10000 crore scam revealed with 3000 fake shell companies
12 June 2023 at 08:41Special teams have been constituted by the DGGI and an analysis of records revealed these operational 1,000 shell companies have evaded Goods and Services Tax (GST) of more than Rs 700 crore.
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