- 02 Feb 2022 06:07 PM
- New
Rs. 1,38,394 crore Gross GST Revenue collected for January 2022
Rs 1,38,394 crore Gross GST Revenue collected for January 2022 GST collection crossed Rs 1.30 lakh crore mark for the 4th time Revenues for the month of January 2022 15% higher than GST revenues in the same month last year and 25% higher than the GST revenues in January 2020
Read More
- 28 Jan 2022 05:59 PM
- New
Bogus network of 275 firms involving fake invoices of ₹ 3100 cr busted
The Directorate of Goods and Service Tax Intelligence, Ghaziabad Regional Unit has busted a syndicate involved in creating and controlling fake firms and issuing of bills by these fake firms without supply any Goods or Services and encashment of GST refund.
Read More
- 24 Jan 2022 06:29 PM
- New
Consumer electronics makers seek customs duty hike on finished goods imports, incentives on R&D
The industry expects government to lower GST on air conditioners to an 18 per cent tax slab and also a similar reduction for TV
Read More
- 24 Jan 2022 06:39 PM
34 Suggestion on Budget 2022 Proposal for GST
Source: https://taxguru.in/goods-and-service-tax/34-suggestion-budget-2022-proposal-gst.html
BJP Professional Cell, Mumbai has made a representation to Honorable Union Finance Minister and suggested 34 changes related to GST in Union Budget 2022 so that difficulties faced by Common GST Taxpayers can be removed.
Read More
- 24 Jan 2022 06:51 PM
Businessman arrested for running fake ITC network
Source: https://taxguru.in/goods-and-service-tax/businessman-arrested-running-fake-itc-network.html
CGST Bhiwandi Commissionerate arrests businessman for running fake ITC network
Read More
- 20 Jan 2022 06:08 PM
MTPA Call for GST protest week and common representation
Source: https://taxguru.in/goods-and-service-tax/call-gst-protest-week-common-representation.html
This is the advice given by 16 century Saint Ramdas from Maharashtra to (king) Chatrapati Shivaji Maharaj. In essence it means “one who organises mass movement gets the strength. But he cautions that it have backing of God, meaning there by that the goal should be noble.”
Read More
- 15 Dec 2021 03:58 PM
Arrest under GST still remains a grey area
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.
Read More
- 18 Jan 2022 06:18 PM
Companies, exporters cry foul as taxman raise fresh GST demands on ocean freight even as issue is pending in SC
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.
Read More
- 17 Jan 2022 12:18 PM
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).
Read More
- 10 Jan 2022 06:02 PM
Attention GST taxpayers! File GSTR-7 return for Dec before 10 Jan. Details here
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.
Read More