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 MoreSource: 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 MoreSource: 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 MoreIf 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 MoreThe 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 MoreSource: 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 MoreThere 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 MoreAs 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.
Read MoreSource: 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.
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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