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.
The Goods and Services Tax Network ("GSTN") has added a new Federal Bank, bringing the total number of banks accepting GST payments to 20.
E-way bills generated for transportation of goods within and across states in October slipped from the high level seen at the end of the September quarter but maintained their momentum backed by the festive season demand, showed official data.
A 26-year-old man has been arrested by the Maharashtra Goods and Services Tax (GST) department for fraudulently claiming a refund of more than Rs 27 crore through a fake input tax credit involving at least two "non-genuine" firms
Rs. 1,51,718 crore gross GST revenue collected for October 2022
Buoyed by fest season consumption, the revenue collection from the goods and services tax (GST) for the month of October may once again surpass Rs 1.5 lakh crore.
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