GST News

Delhi East CGST Officials arrest man for ITC fraud of Rs 38.91 crore

02 March 2021 at 16:29

It is pertinent to mention here that since the inception of GST Central Tax, Delhi Zone has made 28 arrests in various cases involving GST evasion amounting of more than Rs. 4058.86 crore.

Posted in GST | 2616 Views

DGGI Gurugram officials arrest man for defrauding exchequer in excess of Rs. 13.76 crore

01 March 2021 at 19:17

The Gurugram Zonal Unit of Directorate General of GST Intelligence has arrested a person, namely Mr. Pradeep Jain, resident of Muzaffarnagar, UP who is Director of M/s PSR Metals Pvt Ltd, Muzaffarnagar.

Posted in GST | 1452 Views

Rs. 1,13,143 crore gross GST revenue collected in February 2021

01 March 2021 at 18:47

The gross GST revenue collected in the month of February 2021 is ₹ 1,13,143 crore of which CGST is ₹ 21,092 crore, SGST is ₹ 27,273 crore, IGST is ₹ 55,253 crore and Cess is ₹ 9,525 crore.

Posted in GST | 1314 Views

GST compensation shortfall released to States reaches Rs. 1.04 Lakh crore

01 March 2021 at 18:00

The Ministry of Finance, Department of Expenditure has on Friday, released the 18th weekly instalment of Rs. 4,000 crore to the States to meet the GST compensation shortfall. 94% of the estimated shortfall released.

Posted in GST | 1362 Views

CBIC extends due date for filing GSTR-9 and GSTR-9C for FY 2019-20 to 31st March 2021

28 February 2021 at 18:31

In view of the difficulties expressed by the taxpayers in filing GSTR-9 and GSTR-9C, the Government has decided to further extend the due date for furnishing the same for the financial year 2019-20 to 31.03.2021.

Posted in GST | 3 comments | 30768 Views

CGST Commissionerate Delhi officials arrest man for ITC fraud of Rs 50.03 crore

28 February 2021 at 11:21

The officers of CGST Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST).

Posted in GST | 2733 Views

CBIC Meerut unearths fake invoicing cases worth Rs. 240 crores

27 February 2021 at 10:45

The CGST & Customs Meerut Zone, via their official Twitter handle, has made the public aware of the unearthing of fake invoicing GST cases worth Rs. 240 crores. As per the officials, a total of 12 persons have been arrested following these cases.

Posted in GST | 2577 Views

Advisory for GSTR 9 and GSTR 9C by GSTN

25 February 2021 at 23:00

Advisory on Annual Return (GSTR-9) and Advisory on Reconciliation Statement (GSTR-9C) by GSTN has been listed here.

Posted in GST | 22293 Views

Representation Seeking Extension Of Due Date For Furnishing GSTR 9C For 2019-20

25 February 2021 at 17:54

KSCAA has written a representation letter to the Finance Minister seeking an extension in the due date for furnishing GSTR 9 and 9C for FY 19-20 to 31st May 2021.

Posted in GST | 22695 Views

Applicability of Dynamic QR Code on B2C invoices & compliance

25 February 2021 at 16:04

CBIC has issued a clarification in respect of applicability of Dynamic Quick Response (QR) Code on B2C invoices and compliance of notification 14/2020 - Central Tax dated 21st March 2020.

Posted in GST | 1 comments | 8208 Views