- 22 Feb 2022 06:40 PM
- New
Fake GST Input Tax Credit racket of Rs. 81 crores busted
As part of a special Anti-Evasion drive launched by CGST Mumbai Zone, CGST Commissionerate, Belapur arrested one of the Directors of M/s. Fantasia Trade Pvt. Ltd., Navi Mumbai for availing and passing on of inadmissible fake Input Tax Credit of Rs.81 Crore by using bogus invoices of Rs.479 Crore.
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- 22 Feb 2022 06:50 PM
- New
Waiver of late fees for non-filing of annual return (GSTR-4) by composition dealers
A representation has been sent to CBIC requesting Waiver of late fees for non- filing of annual return ( GSTR-4) by composition dealers. We understand that many of your clients may be facing the same problem of non- filing of GSTR-4 due to which late fees would be levied on them. You may consider to submit a letter to CBIC on similar lines, in the interest of the small traders
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- 22 Feb 2022 06:53 PM
- New
Request to extend due date for submission of FORM GSTR-9, 9A & 9C
Source: https://taxguru.in/goods-and-service-tax/request-extend-due-date-submission-form-gstr-9-9a-9c.html
Humble request to extend “due date” for submission of FORM GSTR-9, 9A and 9C under GST for the year 2020-21.
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- 19 Feb 2022 11:49 AM
Request to extend due date for filing GSTR3B by 3 days in Punjab
Source: https://taxguru.in/goods-and-service-tax/request-extend-due-date-filing-gstr3b-3-days-punjab.html
Sub : Extension of due date for mere 03 days for filing GSTR3b from 20th February.
2022 due to polling day in Punjab
- 19 Feb 2022 12:06 PM
GST Council Newsletter for the Month of January 2022
Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-january-2022.html
GST Revenue Collection For January, 2022
Rs 1,38,394 crore Gross GST Revenue collected for January 2022
The gross GST revenue collected in the month of January 2022 till 3:00 PM on
31.01.2022 is Rs 1,38,394 crore of which CGST is Rs 24,674 crore, SGST is Rs 32,016
crore, IGST is Rs 72,030 crore (including Rs 35,181 crore collected on import of goods)
and cess is Rs 9,674 crore (including Rs 517 crore collected on import of goods). The
highest monthly GST collection has been Rs 1,39,708 crore in the month of April 2021.
- 19 Feb 2022 11:33 AM
Fake ITC racket of Rs. 21 crores detected busted in Navi Mumbai
CGST Commissionerate, Navi Mumbai has busted a fake ITC racket of about Rs. 21
crores and arrested the proprietor of M/s. Shree Ram Enterprise (GSTIN:
27FPAPS4153A1Z3) today. The firm was engaged in availing,utilizing and passing on a
fraudulent Input Tax Credit (ITC) on the bogus invoices of around Rs. 100 Crores thereby
defrauding the government exchequer.
- 18 Feb 2022 03:15 PM
GST: Imposition of new ITC restrictions every year is diluting ease of doing business
At the inception of GST, the availment of ITC was envisaged as a
two-way communication whereby the supplier would upload the
supply invoice details on the common portal and the recipient, on
a real-time basis, would accept/reject the same.
- 18 Feb 2022 03:26 PM
Instructions for enabling Internal Control Mechanism for Refunds in GST
Subject: Instructions for enabling Internal Control Mechanism for Refunds in GST.
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- 18 Feb 2022 05:03 PM
Representation on various issues faced by tax payers under GST laws
Source: https://taxguru.in/goods-and-service-tax/representation-issues-faced-tax-payers-gst-laws.html
1. At the outset, we would firstly like to thank you on behalf of our members and the tax
payers in general for allowing us to represent them on various issues being faced by the
tax payers under the GST laws.
- 16 Feb 2022 04:36 PM
Coming soon, a structural revamp of GST
The Union government and states will implement a proposed structural revamp of the
goods and services tax (GST) in phases, keeping in mind the impact tax rate changes
can have on consumption, according to two officials.