Weekly newsletter from Chairman, CBIC dated 04/10/2021


Quick Summary
The Chairman of CBIC's newsletter for October 2021 highlights a strong start to the month with September's GST revenue reaching £1.17 lakh crore, a 23% increase year-on-year. The Finance Minister met with department officers, praising their professionalism and the sustained growth in GST collections. The newsletter also details significant tax evasion detections by the DGGI across various zones, including cases involving tobacco, ITC irregularities, and compensation cess refunds. Additionally, it mentions a special drive by CGST Mumbai Zone that uncovered fake networks and led to arrests.

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes Customs North Block, New Delhi-110001 Tel. No. +91-11-23092849, Fax : +91-11-23092890 E-mail :ajit.m@gov.in Date: 04th October 2021 D.O.No.91/CH(IC)/2020 The month of October has started off
Daily Limit Reached

You have reached your daily limit of 2 Free Notice & Circular

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Notice & Circular Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

FAQ :

The gross GST revenue collection for September 2021 was £1,17,010 crores.

The Finance Minister met with officers in Chennai and Hyderabad, appreciating their professionalism during the Covid pandemic and the sustained growth in GST revenue collection. She also encouraged proactive outreach programs in local languages.

Yes, recent detections include clandestine removal of tobacco (£8 crores), irregular ITC claims (£85 crores), misuse of compensation cess on exports (£148.77 crores), and non-payment of GST on Transfer of Development Rights (£118 crores).

CGST Mumbai Zone has launched a special drive through its Central Intelligence Unit (CIU) to identify and address tax evasion, which has led to the arrest of 6 individuals and the identification of 17 fake networks.

The month-long special campaign, running from October 2nd to 31st, 2021, aims to dispose of pending issues in all Ministries and Departments, focusing on citizen-centric governance and improving ease of living.

A mobile app was showcased to help exporters reclaim blocked IGST refunds, which are often held up due to data entry errors. This initiative was developed by Ms. M. Divya, Deputy Commissioner, Import Commissionerate, Chennai.

 

Guest
Notification No : D.O.No.91/CH(IC)/2020
Published in Custom

Comments



CCI Pro