Arrest under GST still remains a grey area
  • 15 Dec 2021 03:58 PM
  • New

Arrest under GST still remains a grey area

Source: https://economictimes.indiatimes.com/small-biz/gst/arrest-under-gst-still-remains-a-grey-area/articleshow/88293292.cms

If the GST commissioner has a ‘reason to believe’ that the person has committed some offense and the amount of tax evasion is more than 5 crore, then he can order his arrest.

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Companies, exporters cry foul as taxman raise fresh GST demands on ocean freight even as issue is pending in SC
  • 18 Jan 2022 06:18 PM
  • New

Companies, exporters cry foul as taxman raise fresh GST demands on ocean freight even as issue is pending in SC

Source: https://economictimes.indiatimes.com/small-biz/gst/companies-exporters-cry-foul-as-taxman-raise-fresh-gst-demands-on-ocean-freight-even-as-issue-is-pending-in-sc/articleshow/88964992.cms

The issue of Goods and Services Tax (GST) on ocean freight has come to haunt many companies as the tax department has started raising fresh queries over tax applicability on transportation of imported goods through the sea route even as the matter is pending in various courts.

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Special drive in Haryana against 81 risky GST taxpayers
  • 17 Jan 2022 12:18 PM
  • New

Special drive in Haryana against 81 risky GST taxpayers

Source: https://taxguru.in/goods-and-service-tax/special-drive-haryana-81-risky-gst-taxpayers.html

The Excise and Taxation Department, Government of Haryana identified a list of 81 risky taxpayers exhibiting considerable shortfall in tax paid (25 taxpayers having GSTR1-GSTR3B mismatch worth 117.23 Crores) and mismatch in Input Tax Credit availed (56 taxpayers having GSTR2A­-GSTR3B mismatch worth Rs. 63.64 Crores).

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Attention GST taxpayers! File GSTR-7 return for Dec before 10 Jan. Details here
  • 10 Jan 2022 06:02 PM

Attention GST taxpayers! File GSTR-7 return for Dec before 10 Jan. Details here

Source: https://www.livemint.com/news/india/attention-gst-taxpayers-file-gstr-7-return-for-dec-before-10-jan-details-here-11641747174086.html

There is a piece of information for the Goods and Services Tax (GST) taxpayers. The Central Board of Indirect Taxes and Customs (CBIC) has notified to file the GSTR-7 Return for the month of December 2021 by 10 January 2022.

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Taxmen to give 'reasonable time' to business to explain reasons for mismatch in GSTR-1, 3B before recovery action
  • 10 Jan 2022 06:10 PM

Taxmen to give 'reasonable time' to business to explain reasons for mismatch in GSTR-1, 3B before recovery action

Source: https://economictimes.indiatimes.com/small-biz/gst/taxmen-to-give-reasonable-time-to-business-to-explain-reasons-for-mismatch-in-gstr-1-3b-before-recovery-action/articleshow/88805825.cms

As per the changes in the GST law effective January 1, GST officers were allowed to directly initiate recovery action against those errant businesses which showed higher sales in monthly return GSTR-1 but under-report it while tax payment in GSTR-3B.

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GST Newsletter for December 2021
  • 10 Jan 2022 06:34 PM

GST Newsletter for December 2021

Source: https://taxguru.in/goods-and-service-tax/gst-newsletter-december-2021.html

GST Newsletter for December 2021 GST Council Secretariat, New Delhi Existing GST rates in textile sector to continue beyond 1st January, 2022
GST Newsletter for December 2021 GST Council Secretariat, New Delhi Existing GST rates in textile sector to continue beyond 1st January, 2022 The 46 meeting of the GST Council was held on 31.12.2021, in New Delhi under the Chairpersonship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman.

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New Functionalities for Taxpayers on GST Portal in December, 2021
  • 08 Jan 2022 06:50 PM

New Functionalities for Taxpayers on GST Portal in December, 2021

Source: https://taxguru.in/goods-and-service-tax/functionalities-taxpayers-gst-portal-december-2021.html

New Functionalities for Taxpayers on GST Portal in December, 2021

Read more at: https://taxguru.in/goods-and-service-tax/functionalities-taxpayers-gst-portal-december-2021.html
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Rajasthan VAT- ITC Mismatch/Verification date extended to 31.03.2022
  • 08 Jan 2022 07:12 PM

Rajasthan VAT- ITC Mismatch/Verification date extended to 31.03.2022

Source: https://taxguru.in/goods-and-service-tax/rajasthan-vat-itc-mismatch-verification-date-extended-31-03-2022.html

Rajasthan VAT – ITC Mismatch/ Verification Date Extended to 31.03.2022 & In some cases requirement of Affidavit also Removed vide Notification No. F.16 (100)Tax/CCT/14-15/1039 Dated January 03,2022.

Read more at: https://taxguru.in/goods-and-service-tax/rajasthan-vat-itc-mismatch-verification-date-extended-31-03-2022.html
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CBIC release 4 new Functionalities related to APL-04, DRC-07 & GST Appeals
  • 08 Jan 2022 07:18 PM

CBIC release 4 new Functionalities related to APL-04, DRC-07 & GST Appeals

Source: https://taxguru.in/goods-and-service-tax/cbic-release-4-functionalities-related-apl-04-drc-07-gst-appeals.html

Functionalities for uploading appeal filed by Taxpayer for GST cases before High Court / Supreme Court and uploading Cross-objections filed by Taxpayer against appeal before Appellate Tribunal for GST cases are available in CBIC-GST application for the officers. Advisory No. 02/2022 dated 03.01.2022 and related user manuals are available in Antarang portal.

Read more at: https://taxguru.in/goods-and-service-tax/cbic-release-4-functionalities-related-apl-04-drc-07-gst-appeals.html
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New Functionalities for Taxpayers on GST Portal in December, 2021
  • 06 Jan 2022 06:12 PM