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Massive tax evasion; Bengaluru-based betting & gaming firm gets Rs 21K crore GST notice

The Directorate General of GST Intelligence (DGGI) has slapped a tax demand of Rs 21,000 crore on Bengaluru-based online gaming company Gameskraft Technology (GTPL)...

Rajasthan Assembly passes GST amendment bill

The Rajasthan Assembly on Thursday passed the Rajasthan Goods and Services Tax (Amendment) Bill, 2022, which proposes that the registration of companies would not be cancelled even if they fail to fil...

GST audit: CBIC develops a system for online monitoring

Central Board of Indirect Taxes and Customs (CBIC) has developed a system for online monitoring of GST audits initiated by tax officials across the country...

Revenue department sets a new monthly target of ₹1.50 lakh crore GST collection from November

Revenue department set a new target of ₹1.50 lakh crore monthly collections from November this year after having achieved the ₹1.40 lakh crore benchmark for six consecutive months....

Businesses will be able to claim pre-GST tax credits from October 1

The government, from October 1, is likely open a special window for businesses to file their claims. Read more...

E-Way Bill generation provisioned for movement of Gold

E-Way Bill generation has been provisioned for movement of Gold for all Intrastate and Interstate transactions. The taxpayers of the state may generate the E-Waybill for Gold as per the notification i...

GST Mumbai: Officers busts Rs 142 crore fake invoice racket

Officers of CGST Mumbai South Commissionerate have busted a fake GST invoice racket, which was used to pass on fake GST Input Tax Credit ...

E-way bills in August touched an all-time high of 78.21 million

E-way bills generated by businesses for the movement of goods in August touched an all-time high of 78.21 million. Read more...

No separate charge or GST on using washrooms of Executive Lounge at railway stations; IRCTC clarifies

IRCTC (Indian Railway Catering and Tourism Corporation) has denied media reports that separate GST is applicable for using washrooms in waiting rooms of Railway stations. ...

GSTN advisory on changes in table 4 of GSTR 3B; Reporting of ITC claim, reversal and Ineligible ITC

GSTN issued Advisory for Changes in Table 4 of GSTR-3B; Reporting of ITC availment, reversal, and Ineligible ITC...

August GST revenue collection up by 28% at Rs 1.4 lakh crore

₹ 1,43,612 crore gross GST revenue collected in the month of August 2022. Revenues for the month of August 2022 28% higher than the GST revenues in the same month in 2021...

GSTN enabled changes in Table 4 of GSTR-3B related to the claim of ITC

The Goods and Services Tax Network (GSTN) has made live the changes in Table 4 of GSTR-3B related to the claim of Input Tax credit on the GST Portal....

GST to be levied on cancellation charges of confirmed train ticket

Cancellation of confirmed train tickets, too, will now attract GST, on cancellation charges for that particular class of travel...

Centre approached SC for 30 days extension to open a special window for transitional credit claim under GST

Finance Ministry has approached the Supreme Court for extension of time to open a special window for filing transitional credit claim by 30 days...

RCM on Residential Property: Maharashtra tax practitioners seek clarification to avoid unnecessary dispute

The Maharashtra Tax Practitioner’s Association (MTPA) has requested Union finance minister Smt. Nirmala Sitharaman to clarify levy of Reverse charge Mechanism (RCM) on Renting Residential Dwelling...

CBIC examining issue regarding applicability of GST on cross charges: Vivek Johri

CBIC has said it is examining the issue related with taxability of activities performed by the office of an organisation in one State to the office of that organisation in another State....

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....

How to surrender GST registration online?

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

GST Evasion: Dept initiates probe into Rs 37.5 lakh GST on Farmer

Sh. Girish Yadav, a resident of Khagaria, Bihar received a letter from the jurisdictional GST authorities for recovery of GST amounting to Rs. 37.5 lakh...

No GST applicable on UPI services: Finance Ministry

The Ministry took its official twitter handle to clarify that “UPI is a digital public good with immense convenience for the public & productivity gains for the economy....

GST rate hikes to put upward pressure on prices: RBI MPC minutes

Some rise in GST tax rates, electricity tariffs, energy costs and rupee depreciation, although the rupee is showing signs of mean reversion towards real equilibrium values...

GST Mumbai: Bhiwandi Officials unearth fake invoice racket

The Bhiwandi Commisionerate of Central Goods and Services Tax (CGST) in Mumbai Zone busted a fake GST invoice racket which used to avail and pass fake Input Tax Credit (ITC...

GST Haryana: Govt cancelled GST registration of 103 firms for generating fake ITC

The department has suspended registration of 103 of these taxpayers. As a preventive measure ITC worth 14.84 Cr of these fake taxpayers has been blocked....

CBIC issued Guidelines/ Instructions on Summons u/s 70 of CGST Act

CBIC has issued detailed Guidelines/ Instructions for adherence by the field formations, dealing with GST Investigation, before issuance of Summons...

GST Likely To Increase Further On Some Items To Correct Duty Inversion: Report

After a hike in GST and withdrawal of exemption on some items last month, the GST Council may withdraw some more exemptions and raise the tax rate...

Module wise new functionalities deployed on the GST Portal for taxpayers

To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on YouTube channel, refer to table below...

UP, Bihar Have Highest Number Of Registered Businesses Paying NIL GST

The government on Tuesday said that the state of Uttar Pradesh and Bihar have the highest number of registered taxpayers who have paid nil GST...

GST Mumbai Officials Bust A Case Of Non-payment Of GST & Fraudulent Availment Of ITC, 3 Partners Arrested

CGST Bhiwandi Commissionerate in Mumbai Zone has busted a case of non-payment of GST and fraudulent availment of Input Tax Credit, amounting to Rs. 78 Crore against M/S A S Agri and Aqua LLP...

Explained: What is the Latest Controversy related to GST on Garba

Many major garba organisers open booking months in advance for the festival. A controversy has broken out over skyrocketing prices for garba passes after an inclusion of 18 per cent GST....

CAG asks CBIC to Complete Verification of GST Transitional Credit Claims

The Comptroller and Auditor General (CAG) on Monday recommended that the indirect tax department should complete the verification of transitional credit allowed under the GST mechanism....

Gist of GST Circulars issued on 3rd August 2022

The CBIC has issued certain circulars on 03.08.2022, to issue clarifications relating to certain issues arising under the GST law. These are as under....

No GST On 'Sarais' Run By Religious/Charitable Trusts, CBIC Clarifies

There is exemption which exempts renting of rooms in religious precincts by a charitable or religious trust, where amount charged for the room is less than Rs. 1000/- per day....

GST Delhi: 6 Bogus Firms, Fake Bills Of 18% Rated Items, One Arrested

Shri Karan Kumar Agarwal has admitted in his voluntary statement that he has used his Aadhar for authentication in all these 6 firms and has issued goods-less invoices without receiving any goods...

GST Introduces Single Click NIL Filing Of GSTR-1

Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1/IFF filing. ...

No GST On Withdrawal Of Cash From Banks: FM Sitharaman

There is no GST on withdrawal of cash from banks… 5+5=10 transactions in a month is totally free when withdrawn from ATMs...

Who is required to generate E-invoice from 1st October 2022?

An aggregate turnover is being reduced in a phased manner so as to cover maximum taxpayers under the e-invoicing in the following manner...

Rs 1,48,995 Crore Gross GST Revenue Collected In The Month Of July 2022

The gross GST revenue collected in the month of July 2022 is Rs 1,48,995 crore of which CGST is Rs 25,751 crore, SGST is ₹ 32,807 crore, IGST is ₹ 79,518 crore ...

GST Mumbai: Officials Bust Rs 185 Crore Fake ITC Racket

Officers of CGST Mumbai have busted a fake GST invoice racket, which was used to pass on a fake GST Input Tax Credit (ITC) of around Rs. 22 crore on bogus invoice of Rs 185 Crore...

CPM Leaders Protest Against GST Hike On Food Items

The Shimla committee of the CPM criticised the Central Government for imposing Goods and Services Tax (GST) on food items....

GSTN Advisory On Upcoming Changes In GSTR-3B

The Goods and Services Tax Network (GSTN) has issued an advisory on the upcoming changes in GSTR-3B return for the taxpayers....

New Table 3.1.1 Added In GSTR-3B For Reporting Supplies u/s 9(5)

A new Table 3.1.1 is being added in GSTR-3B where both ECOs and registered persons can report supplies made under Section 9(5)...

New GST Rates: Household Items To Be Costlier From 18th July

The GST department has notified the GST rate revisions, and withdrawal of exemptions recommended at the 47th GST Council meeting held in Chandigarh last month...

Changes In RCM Applicability Under GST From 18th July

The Central Board of Indirect Taxes and Customs (CBIC) has notified the changes in applicability of RCM as per the recommendations of the GST Council meeting...

Finance Ministry Seeks Industry Views On Changes In GSTR 3B

The Finance Ministry on Friday released a paper suggesting changes in the monthly GST payment form and sought industry comments ...

CBIC To Issue SOP For GST Summons & Notices

The Central Board of Indirect Taxes and Customs (CBIC) will shortly publish a comprehensive standard operating procedure (SOP) for delivering summonses and notices under GST...

DGGI Mumbai Busts Fake GST ITC Of Rs 35.11 Crores

The Mumbai Zonal Unit of the Directorate General of GST Intelligence [DGGI-MZU] on arrested Amanpuneet Singh Kohli under the provisions of the CGST Act....

Day 1 Of 47th GST Council Meeting: Key Highlights

The first day of the 47th GST Council meeting took place on Tuesday, 28th June 2022, at Chandigarh. It was chaired by Smt. Nirmala Sitharaman, the Union Finance Minister....

47th GST Council Meeting: Key Decisions

The 47th GST Council Meeting was held in Chandigarh on 28th and 29th June 2022. Here is the List of Key Decisions Taken....

47th GST Council Meeting Begins Today: Know Expected Key Decisions

The 47th GST Council meeting will take place in Chandigarh today. Its outcome will be announced on Wednesday. Key decisions expected in Meeting...

GST Compensation Cess Levy Extended Till March 2026

The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026....

GST Officials Expose Tax Evasion Worth Over 125 Crore

State GST (investigation) officials in Kochi have unearthed tax evasion to the tune of crores of rupees by a Perumbavoor gang which allegedly forged bills using iron scrap dealership...

Amit Mitra Urges FM Sitharaman To Extend GST Compensation From 3 to 5 Years

Former West Bengal Finance Minister Amit Mitra has written a letter to FM Nirmala Sitharaman urging her to continue to provide GST compensation to the States for the next three to five years...

GST On Electric Vehicle Batteries May Be Reduced

The GST council may cut the GST on lithium-ion batteries and bring them on par with taxes on electric vehicles (EVs)...

Karnataka GST Dept Issued Clarification On Revocation Of Cancelled GSTIN Beyond 90 Days Based On Court Orders

The Karnataka GST Department vide Circular GST No. 01/2022-23 issued clarification on of cancelled GSTIN beyond 90 days by the GST officers based on Court Orders. ...

New functionalities deployed on GST Portal for taxpayers in May 2022

Functionalities deployed on GST Portal in May 2022...

GST portal: New Functionality Of 'Additional Trade Name' Under Same GSTIN Enabled

The Goods and Services Tax Network (GSTN) has enabled the new functionality in the official portal to add “Additional Trade Name” under the same Goods and Services Tax Identification Number (GSTIN...

GST Evasion: DGGI Hyderabad Issues Notice To Swiggy For Wrongful Availment Of ITC

In a case on alleged GST evasion of wrongful availment of input tax credit to the tune of Rs 27.2 crore, DGGI Hyderabad has issued a notice to the operator of food delivery app Swiggy....

₹1,40,885 Crore Gross GST Revenue Collection For May 2022; Increase Of 44% Year-On-Year

The gross GST revenue collected in the month of May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore, IGST is ₹73,345 crore...

GSTR-1: GSTN Adds New Rate Of 6% In GST Portal

The Goods and Services Tax Network (GSTN) has added the 6% tax rate in the item details section of all the tables of form GSTR-1, except HSN table 12 on the GST Portal. ...

GST Officials Exposed ITC Fraud Of Rs 700 Crore; Transactions Routed Through Digital Wallet Accounts

Five people from Gujarat have been arrested in connection with an alleged GST credit fraud to the tune of Rs. 700 crore...

Gurugram GST Refund Case; CBIC Notifies Transfer Of Officers

The Central Board of Indirect Taxes and Customs (CBIC) notifies Transfer of officers involved in Gurugram GST refund case via Office order...

Beware If Your Rental Income Is More Than 20 Lakhs; Revenue Dept To Share Data Of Commercial Rent With GST Dept

The Government of Haryana notifies that Revenue Department to share data of Commercial Rent/Lease Deed with Haryana Excise and Taxation Department to curb GST Evasion...

Last Date For Filing GSTR-3B For April 2022 Extended To 24th May

CBIC vide Notification No. 05/2022–Central Tax has extended the due date for filing Form GSTR-3B for the month of April 2022....

GSTN Advisory On Invoices Not Reflecting In GSTR-2B For April Month

It has been noticed that in a few cases, certain records are not reflected in the GSTR-2B statement for the period of April 2022. The technical team is working to resolve this issue...

Proposal To Extend GSTR-3B Filing Due Date For April 2022 Is Under Active Consideration: CBIC Tweeted

Considering the difficulties faced by taxpayers in filing their GSTR-3B for the month of April 2022, a proposal to extend the due date of filing GSTR-3B for April 2022 is under active consideration...

Fake GST registration obtained on your name: What should you do?

GSTN has a feature wherein one can search for the number of registrations under his PAN and if he finds that there is a fake GST registration, he can make a complaint to GSTN immediately. ...

Cryptocurrency Might Fall Under 28% GST Slab

1% TDS will also apply on crypto transfers from July 1, 2022. The levy of 28% GST is another Shocker for the Crypto Currency coterie....

GST Gurugram: Officer Arrested For Demanding Bribe Of Rs 7 Lakh For GST Registration

Gurugram, Haryana, State Vigilance Bureau has arrested two persons, including an inspector of the Excise and Taxation Department while accepting a bribe for issuing a GST number....

GSTN Advisory On Reporting 6% Rate In GSTR-1

As a temporary measure, taxpayers may report the entries in the 5% heading and then manually increasing the system computed tax amount to 6%....

Getting GST Number Not Easy Anymore, Officers Asking For Ownership Proofs Of Mobile Nos & E-mail Ids

One incident has come into the picture where the GST Officer has asked for evidence in respect of ownership of the mobile number and email ID of the Applicant....

GST Portal Be Made Available In Tamil: CM Stalin Writes To Centre

M K Stalin, the chief minister, said that he had written to the Centre requesting that the Goods and Services Tax gateway be made available in Tamil...

GST Officials Arrested Tax Auditor For Running Fake Input Tax Credit Scheme

GST officers from the South Zone searched a tax Auditor office and home in Bengaluru and Davanagere, busting a fake input tax scheme he was running....

Annual Aggregate Turnover (AATO) Computation For FY 2021-22

The functionality of AATO for the FY 2021-22 has now been made live on taxpayers’ dashboards with the following features:...

GST Punjab: Pending VAT & GST Refunds To Be Cleared By June End

Punjab Excise and Taxes Commissioner Kamal Kishor Yadav has ordered all pending VAT and GST cases to be refunded by the end of June....

Highest Ever GST Revenue Collection Of Rs 1.68 Lakh Crore In April 2022

The Goods and Tax (GST) revenues exceed the Rs 1.5 lakh crore mark for the first time with the highest-ever gross collections in April at Rs 1,67,540 crore....

GST Compliance Calendar for May 2022

GST due dates in May 2022...

GSTN Issues Latest Advisory For Composition Taxpayers

Goods and Services Tax Network (GSTN) issued the latest advisory to taxpayers registered under the GST composition scheme...

GST Mumbai: Owner Of M/s Pacific Pharma Arrested For ITC Fraud Of Rs 15.23 Crore

Mumbai West GST Intelligence has arrested the owner of M/s Pacific Pharma for involvement in availment and passing of fake Input Tax Credit (ITC) of Rs 15.23 Crore...

GST Compensation of Rs 7.35 Lakh Crore Released To States For FY22: Finance Ministry

GST compensation of Rs 7.35 lakh crore has been released to States till now and currently, only for the year 2021-22, compensation of Rs 78,704 crore is pending due to inadequate funds....

GSTR-1/IFF Enhancements Deployed On GST Portal

Know all the GSTR-1/IFF enhancements deployed today on GST Portal....

Revised guidelines for implementation of risk management system in Customs and GST

CBIC released amended recommendations for the National Risk Management Committee (NRMC) to ensure that the Risk Management System in Customs and GST is implemented effectively....

23 teams of GST department raids 43 Steel-Iron firms

GST officials raided 43 firms in Delhi NCR for evading GST. During this, tax evasion of 128 crores was caught. ...

Uttar Pradesh GST Dept clarified the issues wrt ITC claim, e-invoice and refund

The Uttar Pradesh GST Department vide Circular No. 2223004 has issued a clarification on various issues w.r.t. the availment of Input Tax Credit, e-invoice and refund under GST provisions....

GST collection in FY 23 could be Rs 16 trillion: CBIC chairman Vivek Johri

The Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri told FE that gross GST revenues in FY23 could be Rs 1.3-1.35 trillion per month on average....

GST Council may shift 5% rate items to 3% and 8% Slabs

The GST Council is expected to consider a proposal to do away with the 5% slab by moving some goods of mass consumption to 3% and the remaining to 8% categories....

GST fraud of Rs 121 crore, 4 arrested

The Sambalpur Cyber Police detained four people including two officers of the Urban Cooperative Bank in Rourkela on charges of Rs 124 crore GST evasion...

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...

Madhya Pradesh Govt to issue notices to 3 lakh taxpayers who evaded GST for FY 2017-18 and FY 2018-19

The Government of Madhya Pradesh has identified over 3 lakh taxpayers who failed to pay taxes in the financial years 2017-18 and 2018-19....

NIC enabled 2-factor authentication for e-Way bill and e-invoice system

National Informatics Centre (NIC) has enabled the two-factor authentication for logging in to the e-Way Bill/e-Invoice system....

GST Gurugram: DGGI officials arrest one person for fraudulently availing credit of more than Rs 16 crore

DGGI Gurugram Zonal Unit (GU) has unearthed a case wherein a series of entities controlled by a person for availing and passing fraudulent Input Tax Credit (ITC)....

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....

Rajasthan Govt issues circular on correct submission of GST returns

Rajasthan GST Department has issued a circular on the correct submission of returns under Goods and Services Tax. Read circular....

Upcoming changes in GSTR-3B for e-commerce operators

To comply with the notification issued, a new table 3.l(A) shall be added in Form GSTR-3B for reporting of supplies made under section 9(5) of CGST Act. Read more...

GST Delhi: Govt issued guidelines for unblocking of ITC

Delhi Government issued guidelines regarding unblocking of ITC on expiry of one year from the date of blocking....

Delhi Govt issues SOP for compliance of Bank attachment letters

The Department of Trade & Taxes, Government of N.C.T. of Delhi issued Standard Operating Procedure to ensure the compliance of Bank attachment letters....

GST fraud: CBIC cautions against sharing Aadhaar, PAN details without valid reasons

The Central Board of Indirect Taxes and Customs ( CBIC ) has cautioned the public against sharing Aadhaar and PAN details without a valid reason or for monetary gains...

Chartered Accountant and GST Joint Commissioner arrested in Bribery Case

The Central Bureau of Investigation ( CBI) Anti-Corruption Branch has arrested a Chartered Accountant and GST Joint Commissioner in a Bribery Case....

Maharashtra Govt issued guidelines for issuance of FORM GST DRC-07

Maharashtra Govt issued guidelines for issuance of FORM GST DRC-07 in case of detention of vehicles under e-way bill provisions....

GSTR-1: GSTN issued advisory on auto-population of e-invoice details

The Goods and Services Tax Network (“GSTN”) has issued an advisory regarding auto-population of e-invoice details into GSTR-1. Read more...

All about Electronic Cash Ledger in GST

The electronic cash ledger maintained on the GST portal contains a summary of all the deposits/payments made by a taxpayer. The ledger is displayed major head-wise...

CGST Commissionerate Raigad busts a fake ITC racket

CGST Commissionerate, Raigad of CGST Mumbai Zone has busted a fake ITC racket and arrested the proprietor of a Kalamboli based firm M/s Ashok Metal Scrap....

Setup of ‘GST Refund Help Desk’ in the office of Pr. CCA, CBIC

The office of Pr. CCA, CBIC has set up a GST Refund Help Desk for addressing payment-related problems faced by the taxpayers....

GSTN enables feature to withdraw application for cancellation of GST registration

The Goods and Services Tax Network (GSTN) has enabled the feature to withdraw application for cancellation of registration on the GST portal....

GST Haryana: Dept issues instructions for enabling internal control mechanism for refunds in GST

The Department of Excise and Taxation (GST), Haryana, considered it expedient to put in place an internal control mechanism for processing refund applications under GST....

GST Mumbai: M/s Rushabh Bullion arrested for availing ITC of Rs 7.11 cr

Anti-Evasion wing of CGST Mumbai South arrested Partner of Rushabh Bullion, trader of gold and silver articles for availing fake GST Input Tax Credit (ITC)...

Haryana Govt launches ”The Haryana GST Kosh”

The Excise and Taxation Department, Government of Haryana launched the ”The Haryana GST Kosh” an E-repository of updated GST Acts and rules....

Navi Mumbai: GST officials arrests proprietor of scrap metal firm for running fake ITC racket

The firm was engaged in availing, utilizing and passing on a fraudulent Input Tax Credit (ITC) on the strength of bogus invoices of more than Rs 60 Crores....

Record GST collection of Rs 1,40,986 crore reported for January 2022

The Minister stated that a record GST collection of Rs.1,40,986 crore is reported in the month of January 2022 and this collection has been the highest since the implementation of the GST....

Budget 2022: Major GST changes

Summary of major GST changes proposed under Budget 2022...

GST Compliance Calendar for February 2022

GST due dates in February 2022...

GST revenue of Rs 1,38,394 crore in January 2022

GST revenue of Rs 1,38,394 for the month of January 2022 are 15% higher than the GST collection in the same month last year....

GST registration to be suspended if ITC taken in GSTR-3B varies more than 10% with GSTR-2B

The Goods and Services Tax Network has issued an update w.r.t. suspension of GST registration. Read more...

GST Gurugram: Officials bust racket of 93 fake firms issuing fake ITC invoices

Gurugram GST Intelligence has arrested one person for running multiple fake firms on the strength of fake documents and having passed on fraudulently ITC....

New functionality of interest calculator in GSTR-3B is now live on GST portal

The Goods and Services Tax Network has issued an advisory regarding the new functionality of the interest calculator in GSTR-3B is now live on the GST. Portal....

Accountant arrested for issuing bogus GST bills of more than Rs 1000 Crore

CGST Palghar Commissionerate has arrested an accountant for issuing bogus bills of more than Rs. 1000 Crore and committing GST Input Tax Credit (ITC) fraud...

GST evasion of over Rs 93,000 crore, RTI reveals

The RTI Application has revealed that Govt. detects GST evasion of worth Rs 93,000 crore....

How to find contact details of Central and State GST officers on the common portal?

You can find the E-mail & Cell phone number of Central and State GST officers on the common portal through the given steps...

GST Mumbai: One businessman arrested for running a fake Input Tax Credit racket

The officers of Mumbai West CGST Commissionerate of Mumbai Zone have busted a fake GST Input Tax Credit racket involving GST of Rs 10.10 Crores...

All about interest calculator in GSTR-3B

The new functionality will compute the minimum interest applicable on the basis of the values declared by the taxpayers in GSTR-3B for a particular tax-period....

GSTN advisory on upcoming functionality of interest calculator in GSTR-3B

As a facilitation measure for taxpayers & for assisting the taxpayers in doing a correct self-assessment, a new functionality of interest calculator is being released in GSTR-3B....

GST Mumbai: Officers busts Rs 70 crore fake GST input tax credit racket

The officers of Navi Mumbai CGST Commissionerate of Mumbai Zone have busted a fake GST Input Tax Credit racket of Rs 70 Crores...

GSTN issues advisory on revamped search HSN code functionality

A revamped & enhanced version of Search HSN Functionality has been launched on the GST Portal. Read more...

New functionalities implemented on GST Portal in December 2021 for taxpayers

Various new functionalities pertaining to returns and appeal modules are implemented for Taxpayers on GST Portal in December 2021...

Bring back provision for audit of GST annual returns: ICAI

Accounting rule maker ICAI) has asked the government to bring back the audit provisions relating to GST annual returns...

GST on security services

Any registered person receiving security services from any person other than a body corporate is required to pay GST under the reverse charge mechanism (RCM)....

GSTN advisory on reporting of supplies by restaurant through ECO in GSTR-3B

GSTN issues advisory on reporting of supplies by restaurant through E-commerce operators in GSTR-3B...

Field officers must be familiarized with new GST rules: CBIC

CBIC has told field officers to be just and fair in enforcing the new goods and services tax (GST) compliance norms that came into force from January 01, 2022...

Implementation of GSTR-1 filing restriction for non filing of GSTR-3B on GST portal

The Goods and Services Tax Network has issued an advisory on Implementation of Rule-59(6) on GST Portal. Read more......

GST on remuneration paid to directors

In order to determine the applicability of GST on remuneration to directors, we first need to conclude whether the director is an employee of the company or not....

FM Nirmala Sitharaman will chair the 46th GST Council meeting at 11 AM in Delhi today

As per the recent tweet of the Ministry of Finance, Hon’ble Finance Minister Smt, Nirmala Sitharaman will chair the 46th GST Council meeting at 11 AM...

GST Compliance Calendar for January 2022

GST Compliance Calendar for January 2022...

CBIC extends deadline of GSTR-9 and GSTR-9C for FY 2020-21

The due date for furnishing annual return in FORM GSTR-9 & self-certified reconciliation statement in FORM GSTR-9C for the financial year 2020-21 has been extended...

Nearly Rs 180 Crore, 19 Cash Counting Machines, 24 Hrs: House of Pan Masala Manufacturer

The Goods and Services Tax (GST) authorities have recovered Rs 177.45 crore from multiple locations in Kanpur allegedly linked to Piyush Jain...

Key changes in GST effective from 1st January 2022

The Central Board of Indirect Taxes and Customs (CBIC) has notified various changes in Goods and Services Tax (GST) effective from 1st January 2022....

CGST Mumbai Zone officers arrest Chartered Accountant for generating fake invoices of more than Rs 500 crores

The officers of CGST, Thane Commissionerate have arrested a CA who had generated fake invoices involving fake invoices of more than Rs 500 crores......

CBI arrests GST Superintendent while accepting Bribe for giving GST registration

The Central Bureau of Investigation (CBI) has arrested a Superintendent of CGST while demanding & accepting bribe of Rs 8,000 from a complainant....

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....

Module wise new functionalities deployed on GST Portal for taxpayers

The Goods and Services Tax Network (GSTN) has issued module wise new functionalities deployed on the GST Portal for taxpayers....

GST Compliance Calendar for December 2021

GST Compliance Calendar for December 2021...

GST revenue of Rs 1,31,526 in November 2021, the second-highest collection since GST implementation

GST revenue for the month of November 2021 is 25% higher than the collections in the same month last year and 27% over 2019-20....

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...

GST Compliance Calendar for April 2022

GST due dates in April 2022...

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....

ITC on travel expenses

Businesses can get credit for the GST that they spend on various expenses. Let’s look at issues related to GST credit on traveling expenses....

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. ...

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...

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...

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 .....

Consolidated E-Way bill

A consolidated e-way bill is a document containing the multiple e-way bills for multiple consignments being carried in one vehicle. Read more...

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....

All about pre-deposit for filing an appeal under GST

A registered person can file an appeal before GST Appellate Authority or Tribunal only after pre-deposit of the prescribed amount...

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....

Letter of Undertaking (LUT) under GST

LUT is an undertaking to be furnished by exporter in the prescribed format in FORM GST RED-11 in order to export goods or services without payment of IGST....

Credit Note in GST

The issuance of the credit note allows the supplier to decrease his tax liability in his GST returns without requiring him to undertake any tedious process of refunds....

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...

Export to Nepal and Bhutan under GST

exports of both goods and services to Nepal and Bhutan are treated as ‘normal exports and refund can be claimed...

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....

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....

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 Goods and Services Tax law may appeal to GST Appellate Tribunal....

GST on restaurant services

Compliances, procedures and tax rates for restaurants under Goods and Services Tax. Know GST input tax credit provisions applicable to restaurant services....

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 can claim the credit of tax paid on inputs sent to the job worker. GST rate and registration rules applicable to job work services....

What is a Receipt Voucher in GST?

On receipt of advance payment with respect to any supply of goods or services, a registered person shall issue a Receipt Voucher evidencing receipt of such payment....

GST on works contract services

The works contractor shall be entitled to claim GST credit on all input used in the supply of works contract services subject to the provisions of section 17(5)(e) of the GST Act....

Rejection of GST refund claim

If the GST officer is satisfied that the amount claimed as refund is not admissible, he shall issue a show-cause notice to the applicant in form RFD-08....

Interest on delayed refund of GST

If tax refund is not processed within 60 days of receipt of an application by the GST officer then the refund has to be paid with interest at 6% pa....

Principle of unjust enrichment under GST

Every GST refund claim made must pass the test of unjust enrichment. Read more...

How to track GST payment status online?

A taxpayer can check the status of his monthly or quarterly GST payments before or after login into the common portal...

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 ...