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goods and service tax

Gross GST Collection in FY 2021-22 shows increasing trend

The gross GST Collection in FY 2021-22 post COVID-19 pandemic outbreak are showing an increasing trend. ...

Improvements in GSTR-1 filing

A revamped & enhanced version of GSTR-1/IFF is being made available on the GST Portal to improve the taxpayer experience...

Shocking GST Crime! GPS trackers found in department vehicles

In surprising and bizarre news from Punjab, nine GPS trackers were found fitted in four cars of the mobile wing of the state Goods and Services Tax (SGST) department...

GST Delhi: Officers unearth input tax credit fraud of Rs 34 crore involving 7 firms

The officers of the Anti Evasion branch of CGST Commissionerate Delhi have unearthed a case of availment and passing on of inadmissible ITC through bogus GST invoices...

How to surrender GST registration online?

The taxpayer or legal heir may file an application for surrender of GST registration in the specified circumstances. Learn how to surrender the GST number online. ...

GST collection for September 2021

Ministry of Finance has released the statistics of Goods and Services Tax (GST) revenue collection for the month of September 2021....

GST Mumbai: Officials arrest proprietor for ITC fraud of Rs 6.46 crores

The anti-evasion team of CGST & Central Excise, Mumbai conducts searches on 24.09.2021 at the office and godown of M/s SR Enterprises...

Revocation of cancelled GST registration

A taxpayer has an option to file an application for restoration of cancelled GST registration. Revocation application shall be filed within 30 days on the GST portal....

GST update on difficulty in updating of Electronic Cash Ledger

The CBIC directed the GSTN to waive off Late Fees and interest for one day due to technical glitches in the updating of Electronic Cash Ledger....

Self-service functionality made available on GST portal for searching BOE details

Bill of Entry details which did not auto-populate in GSTR-2A, a self-service functionality has been made available on the GST Portal to search such records ...

How to search Bill of Entry (BoE) details on the GST portal?

Steps to view Bill of Entry (BoE) details on the GST portal. If the latest BoE record is not available, click on QUERY ICEGATE button...

Main points of 45th GST Council Meeting

The GST Council’s 45th meeting was held today in Lucknow under the chairmanship of Smt. Nirmala Sitharaman. Key highlights of the meeting....

45th GST Council Meeting will be held on 17th Sep at Lucknow

Finance Ministry has announced that FM Nirmala Sitharaman will chair the 45th meeting of the GST Council on 17th September at Lucknow....

GST collection for August 2021

The gross GST revenue collected in the month of August 2021 is ₹ 1,12,020 crore. The revenues for the month of August 2021 are 30% higher than the GST revenues in the same month last year....

GST Compliance Calendar for September 2021

GST due dates in September 2021. Find a summary of recent updates under Goods and Services Tax....

GST Update: Clarification on the extended timeline of revocation application

It is further clarified that the benefit of notification would be applicable in those cases also where the application for revocation of cancellation of registration is either pending with the proper ...

Implementation of Rule 59(6) on GST Portal from 1st Sep 2021

On implementation of the Rule 59(6) on GST portal, the system will check that whether before the filing of GSTR-1/IFF of a tax-period, the following has been filed or not...

Advisory on HSN and GSTR-1 Filing

It has been reported by few taxpayers that they are facing issues in adding the required HSN details in table -12 and filing of statement of outward supplies in form GSTR-1 of July 2021...

DGGI Gurugram: 2 CA arrested for ITC fraud

Shri Manish Modi and Sh. Gaurav Agarwal were arrested for ITC fraud on 23.08.2021 and produced before, Duty MM Delhi, who ordered judicial custody for 14 days. ...

Increased GST registration limit

Computation of aggregate turnover for increased GST threshold. The limit of GST registration for goods is 40 lakhs and for services is 20 lakhs....

DGGI Meerut busted fake billing racket, 2 arrested

Acting upon a specific intelligence, the Officers of Directorate General of GST Intelligence (DGGI), Meerut Zonal Unit have busted a fake billing racket involved in creating numerous fictitious firms...

Suo Moto Registration under GST

Suo moto GST registration can be initiated by the proper officer where he finds that taxpayer has failed to apply for registration under Goods & Services Tax....

GST Ludhiana: Checks conducted at four firms to uncover bogus billing nexus

On suspicion of bogus billing, the state GST department, Ludhiana, conducted inspections at four firms that are into edible oil business. The department seized more than Rs 41 lakh cash...

GSTN issue Module wise new functionalities deployed on GST Portal

The Goods and Service Tax Network (GSTN) has released a compilation of various new functionalities implemented on the GST Portal...

Multiple registrations under GST

More than one GST registration for multiple places of business in the same state or other state or the same address. Steps to obtain two GST numbers on same PAN...

Advisory on GSTR-1 filing

Currently, the taxpayers are seeing the below statuses for GSTR 1, after uploading of JSON file from the offline tool: 1. Processed with Error or 2. In Progress...

New functionalities deployed on GST portal for taxpayers in July 2021

GST portal updated on a periodic basis to provide a hassle-free experience to the taxpayers. Functionalities deployed or to be deployed in July 2021...

How to update Bank Account Details on GST portal?

Taxpayers are required to update their Bank Account Details on GST portal within 45 days of the first login. Login to the taxpayer portal. Click on ‘Registration...

OIDAR services under GST

OIDAR services refer to services provided through the medium of internet without the physical interaction of the supplier and recipient of services. Eg - web-hosting services...

What is a revised tax invoice under GST?

A revised tax invoice may be issued for supplies made between the effective date of GST registration and grant of certificate. Know more about a revised invoice in GST....

How to deal with Negative Liability while filing GSTR 4?

Procedure in case of negative liability in GSTR-4. A ticket may be raised to nullify the amount available in the negative liability statement. If there is no liability .....

Finance Ministry released 75K crore to States as GST Compensation shortfall

Ministry of Finance has released today ₹75,000 crore to the States and UTs with Legislature under the back-to-back loan facility in lieu of GST Compensation...

CGST Zone & DGGI booked fake ITC of over 35000 crores in FY 2020-21

During the FY 2020-21 CGST zone and DGGI have booked about 8000 cases involving fake input tax credit of over Rs 35000 crore. Total 426 persons were arrested.....

GST CMP 03 - FAQs on Intimation of stock details on GST Portal

In addition to filing the application to opt for Composition Levy, the Migrated taxpayers are also required to file a FORM GST CMP 03 for Stock Intimation....

CGST Delhi Zone unearths network of 23 firms claiming fake GST credit

The firms involved in network are M/s Girdhar Enterprises, M/s Arun Sales, M/s Akshay Traders, M/s Shree Padmavati and 19 others. Get more updates on GST fake credit....

Steps to change profile under QRMP scheme

Step 1: Login to the GST Portal with valid credentials and navigate to "Services" > "Returns" > "Opt-in for Quarterly Return" option. Step 2: The "Opt-in for Quarterly Return" page is displayed....

GST refund on account of excess payment of tax

When the excess payment of tax has been made under Goods and Services Tax (GST), the same can be claimed as a refund by filing an application on the GST portal. ...

Delivery challan under GST

Rule 55 of GST lists the cases where goods may be removed on delivery challan and invoice may be issued after delivery. The challan must be in a prescribed format....

GST collection dropped below Rs 1 lakh crore in June 2021

GST collection dropped below Rs 1 lakh crore in June 2021...

FAQs on Invoice Furnishing Facility (IFF) under QRMP Scheme

IFF is a facility provided to quarterly taxpayers who are in QRMP scheme, to file their details of outward supplies in first two months of the quarter...

How to track GST refund status on the Common Portal after login?

Steps to track GST refund status on the Common Portal after login...

FAQs on amendment of GST registration

The taxpayer has to file an application for amendment of registration in GST. Amendment application is categorized in two types - Core fields & Non-core fields....

New functionality in GST portal to register complaint on misuse of PAN

To file a complaint of misuse of PAN in GST registration, new functionality in GST Portal has been introduced recently....

GST registration process for a non-resident (NRI)

GST registration is compulsory for a non-resident if he is engaged in any kind of taxable supply in the taxable territory. Steps to get registered as NRI in GST....

Refund of GST paid on Intra-State Supply which is subsequently held to be Inter-State Supply and Vice Versa

If an order is issued by the tax officer against which the refund is arising due to a change in place of supply of a particular transaction, GST refund can be claimed...

GST on Goods Transport Agency (GTA)

GST will apply to the service of transportation of goods by road only if services are provided by GTA or courier agency....

Consignment note under GST

Consignment note means a document issued by a GTA against the receipt of goods for the purpose of transport of goods by road in a goods carriage....

New functionalities deployed on GST portal (June 2021)

GST portal updated on a periodic basis to provide a hassle-free experience to the taxpayers and simplify the process of GST compliances....

Authorised Signatory in GST

An authorised signatory refers to a person who is authorised by the taxpayer to perform activities on the GST portal on his behalf. Learn more......

Authorized representative under GST

Authorized representative may be a relative, an employee, an advocate, CA, CMA, CS, or any person. He can appear in any proceedings under GST....

Checklist of documents for registration under GST

Applicants while applying for registration on the GST portal need to upload documents. Find the list of GST registration documents required for every business....

Recommendations of 44th GST Council Meeting

GST Council in 44th meeting has decided to reduce the GST rates on the specified items being used in Covid-19 relief and management till 30th September, 2021...

Input Service Distributor (ISD) under GST

Input Service Distributor (ISD) is an office of the supplier which receives input tax credit on invoices related to input services and distributed such GST credit to other units...

Inter-state supplies in GST

IGST will be levied and collected on interstate supplies. The inter-state supplier will pay IGST after adjusting the available credit of IGST, CGST, and SGST....

GST refund on export of goods (With payment of tax)

The exporter is entitled to receive a refund on account of the export of goods with payment of tax. Check out the conditions and process....

Non-resident taxable person under GST

Non Resident Taxable Person is a person who temporarily supplies within India even though he is not a resident. GST registration is compulsory for non resident....

Withdrawal from GST composition scheme

Taxpayer can opt-out of the composition scheme by his choice by filing form GST CMP-04 on GST portal. Read more about withdrawal from GST composition scheme....

How to file a reply suo moto cancellation notice in GST?

To file a reply to the GST cancellation notice, visit the GST portal and navigate to the Services and click on the application for filing clarifications...

Suo Moto Cancellation of GST registration

Suo Moto cancellation under GST means cancellation of registration by the officer on its own motion. Officer must have a valid reason for suo moto proceedings....

Blocked credit under GST

Section 17(5) of the CGST act specifies certain goods or services as Blocked Credit. List of cases when input tax credit is not available under GST....

GST on freelancer services

All GST provisions relating to service providers shall apply to freelancers. GST rate would be 18% for freelancer services if no specific rate is notified...

Imports under GST

Under the GST regime, import of goods or services shall be deemed to be inter-state supplies and would be subject to Integrated tax. ...

GST website: FAQs on Electronic Credit Ledger

Electronic credit ledger is maintained electronically by the GST official site. Here is a complete list of FAQs related to the electronic credit ledger under GST...

CBIC guidelines: GST cancellation order must be  passed within 30 days

Where a person who has submitted an application for cancellation of his registration is no longer liable to be registered or his registration is liable to be canceled, the proper officer shall issue a...

E-way bill via SMS

To generate e way bill without login, the user has to send the SMS in a prescribed format to a designated number. SMS must be accurate to create the correct e-way bill through SMS...

List of goods exempted under GST

Compiled list of GST exempted goods with chapter and HSN code...

E-way bill exempted goods list

Certain goods are exempted from e-way bill rules. The movement of exempted goods does not require a generation of e-way bill...

Common credit under GST with example

Common credit will be proportionally distributed while paying GST dues. Common credit arrives after reducing the ITC of taxable supplies from the total ITC.....

Electronic Credit Ledger in GST

The electronic credit ledger is maintained in electronic form on the GST portal for every taxpayer. Balance in credit ledger will be used to pay tax dues....

GST on exports

Export of goods or services is treated as inter-state supply in GST. Exporter of services is not required to register if his turnover is less than the GST exemption limit....

Copy of SOP issued by Centre on amended provisions of revocation of cancellation of GST

CBIC released standard operating procedure (SOP) for implementation of the provision of extension of time limit to apply for revocation of cancellation of registration...

How to check GST registration status online?

An applicant can track his GST registration application status online by using the Application Reference Number (ARN). Learn steps to check GST number status....

Input tax credit utilisation rules under GST

Sections 49(5), 49A, 49B, rule 88A and Circular No. 98/17/2019 GST together prescribe the order of utilisation of input tax credit (ITC). Restrictions on utilisation of ITC...

How to view submitted Letter of Undertaking (LUT) on the GST portal?

Step by step guide to view submitted Letter of Undertaking (LUT) on the GST official website. ...

What is a Bill of Supply?

Bill of supply is issued by the registered person in prescribed format instead of a tax invoice when GST is not levied or when GST need not be collected...

How to transfer input tax credit between multiple GST numbers?

ITC shall be transferred in the ratio of the value of assets held by the transferee on the date of registration. Easy steps to file Form GST ITC-02A on the GST portal...

How to file ITC-04 on the GST portal?

Easy steps to submit Form ITC-04 on the GST portal. The form can be filed on the GST portal either directly online or by using an offline excel utility....

How to file ITC-02 on the GST portal?

Easy steps to file Form ITC-02 on the GST portal. ...

Documents required for claiming Input Tax Credit under GST

One of the requirements to claim input tax credit (ITC) is that the taxpayer must have possession of a tax-paying document. List of required documents for taking ITC ...

Derivatives, futures and forward contracts in GST

Whether GST will applicable on derivatives futures and forward contracts? Service charges, documentation fees, broking charges would be liable to GST....

Appeal to Appellate Tribunal under GST

Any person aggrieved by an order passed by an AA or RA under GST law may appeal to the Appellate Tribunal....

GST on restaurant services

Compliances, procedures and tax rates for restaurants under Goods and Services Tax. GST input tax credit provisions applicable on restaurants....

GST on bloggers

Compliances, procedures and applicable tax rates for bloggers under Goods and Services Tax. GST rate on blogging services is 18%....

Job work under GST

GST law provides that the principal is entitled to take the credit of GST paid on inputs sent to the job- worker for the job work. Read more...

Show Cause Notice under section 73 of GST Act

Section 73 of GST Act applies to the cases when any reason other than fraud (without any intention of tax evasion): Tax has not paid or, Tax has short paid or, Refund has wrongly received ...