GST News



Further to the announcement made by Smt FM on 23-08-2019, an additional 15% depreciation has been allowed on motor vehicles purchased from 23-08-2019 till 31-03-2020.   ..

Posted in GST |   73 Views




CGST Delhi West and CGST Delhi North in a joint operation busted a racket of issuance of invoices without actual supply of goods. The taxpayer availed fraudulent Input Tax Credit for seeking IGST Refunds from Customs formations. Investigations revealed a novel modus operandi wherein the taxpayer sho..

Posted in GST |   5078 Views




Important Clarification on GST DRC-03  • Payment on voluntary basis can be made by a  taxpayer through Form GST DRC 03.  • After making payment through a ledger Form GST DRC 03 needs to be filed by taxpayer.  • Tax officer will issue Acknowledgement in For..

Posted in GST  2 comments |   1633 Views




Biggest ever pan-India joint operation by Directorate General of GST Intelligence and Directorate General of Revenue Intelligence against fraudulently claiming refund of IGST by exporters DGGI & DRI crackdown involved about 1200 officers In the biggest ever joint operation by Directorate G..

Posted in GST  1 comments |   1914 Views




[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (i)] Government of India Ministry of Finance (Department of Revenue) Central Board of Indirect Taxes and Customs Notification No. 41/2019 - Central Tax New Delhi, the 31st August, 2019 G.S.R. (E).- I..

Posted in GST  3 comments |   2925 Views




Features of GST ANX-1 - 'Taxpayer can declare details for outward supplies, imports & inward supplies with reverse charges' New Return Offline Tool (Beta) The New Return Offline Tool can be used to : Prepare ANX-1 Take Action in ANX-2 Match ANX-2 with Purchase register ..

Posted in GST  2 comments |   1361 Views




GST Revenue collection for August, 2019 Rs 98,202 crore of total gross GST revenue collected in August The total gross GST revenue collected in the month of August, 2019 is Rs 98,202 crore of which CGST is Rs 17,733 crore, SGST is Rs 24,239 crore, IGST is ..

Posted in GST |   440 Views




Notification 38/2019-CT dated 31.08.2019 issued waiving requirement to furnish declaration in FORM ITC-04 for the period July, 2017-March 2018 and FY 2018-19. [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)] Government of India Ministry of Finance ..

Posted in GST  1 comments |   1626 Views




GST portal (http://gst.gov.in) will be under Disaster Recovery Drill on September 01, 2019 from Midnight 00:01 (AM) to Morning 05:00 AM. Hence the GST System services will NOT be available during this time. Please plan accordingly.  ..

Posted in GST |   2597 Views




The last date for furnishing of Annual Return in the FORM GSTR-9 / FORM GSTR-9A and Reconciliation Statement in FORM GSTR-9C for the financial year 2017-18 has been extended from 31st August, 2019 to 30th November, 2019. RoD Order No. 07/2019-CT dtd. 26.08.2019. Below find notification issued : ..

Posted in GST  21 comments |   9692 Views





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