09 Feb 2022 12:58 PM
New

Standard Operating Procedure For GST Registration

Source: https://taxguru.in/goods-and-service-tax/standard-operating-procedure-gst-registration.html

Pursuant to Order of Hon’ble Gujarat HC in Writ Petition No.17819/2021 dt.08/12/2021, Gujarat SGST was directed to give opportunity of hearing CAAS repn on hardships in new GST Registration within 6 weeks. On request of SOP for GST Registration CAAS has promptly sent below full SOP: Chartered Accountants Association, Surat

08 Feb 2022 03:30 PM
New

Record GST collection of Rs.140986 crore for January 2022

Source: https://taxguru.in/goods-and-service-tax/record-gst-collection-rs-140986-crore-january-2022.html

Average monthly gross GST collection for third quarter of FY 2021-22 is Rs.1.30 lakh crore Record GST collection of Rs.1,40,986 crore reported for January, 2022

06 Feb 2022 01:26 PM
New

Couple arrested for GST Evasion of Rs 12.23 Crore

Source: https://taxguru.in/goods-and-service-tax/couple-arrested-gst-evasion-rs-12-23-crore.html

The officers of Anti Evasion wing of CGST Thane Commissionerate of Mumbai Zone have arrested a couple, for GST evasion of Rs. 12.23 Crore. Based on detailed data mining and data analysis, a Thane based firm M/s Datalink Consultancy was identified as suspicious entity and enquiry was initiated against this firm. Investigation revealed that this firm was providing manpower to various high-profile companies. The firm had collected GST from the clients, but had not deposited the GST to the government exchequer for more than one year, in violation of the provisions of CGST Act 2017.

05 Feb 2022 04:16 PM

New Functionalities for Taxpayers on GST Portal in January, 2022

Source: https://taxguru.in/goods-and-service-tax/functionalities-taxpayers-gst-portal-january-2022.html

Article explains about New Functionalities made available for Taxpayers on GST Portal (January, 2022) which are related to GST Registration, GST Returns, GST Return, GST Payments and Changes made in Front Office Menu on the GST Portal.

04 Feb 2022 03:16 PM

Fake ITC racket of Rs. 10.68 Crore busted, A steel firm owner arrested

Source: https://taxguru.in/goods-and-service-tax/fake-itc-racket-rs-10-68-crore-busted-steel-firm-owner-arrested.html

Report this ad Officers of CGST, Navi Mumbai have busted a racket which issued bogus invoices of Rs 60 cr and fake ITC of Rs 10.68 cr & arrested proprietor of M/s Navnit Steel on 02.02.22. He has been remanded to JC for 14 days by Judicial Magistrate.

02 Feb 2022 06:10 PM

One arrested in Haryana in Fraudulent ITC availment case of Rs. 7 Crore

Source: https://taxguru.in/goods-and-service-tax/one-arrested-haryana-fraudulent-itc-availment-case-rs-7-crore.html

Government of Haryana Excise and Taxation Department Haryana State GST – Intelligence Unit 29th January, 2021 Press Release Subject: – Arrest of Sh. Vinod Kumar Goyal, Proprietor, M/s S. V. INDUSTRIAL ENTERPRISES (GSTIN – 06ACGPG7686J1Z6), Loha Mandi, Nehru Ground NIT Faridabad

02 Feb 2022 05:38 PM

GST Liability paid percentage – Calculation methodology

Source: https://taxguru.in/goods-and-service-tax/gst-liability-paid-percentage-calculation-methodology.html

Liability paid percentage – Calculation methodology Liability paid percentage = (Liability paid / Liability auto drafted) *100 Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in Form GSTR-3B for a particular period.

02 Feb 2022 05:49 PM

Admiration of CGST for expeditious granting of GST Registration

Source: https://taxguru.in/goods-and-service-tax/admiration-cgst-expeditious-granting-gst-registration.html

CAAS appreciates the policy implementation by CGST Vadodara Zone with respect to issuing of speedy & non-invasive GST Registrations in matter of hours & at the most taking 2 days as promised under the Citizen Charter of CBIC.

02 Feb 2022 06:03 PM

Representation on hardships being faced in obtaining new GST registration

Source: https://taxguru.in/goods-and-service-tax/representation-hardships-faced-obtaining-gst-registration.html

Representation with respect to hardships being faced while obtaining new GST registration number & Request to issue suitable SOP and Trade Notice or Circular or Guidelines with respect to new GST registration by All Gujarat Federation of Tax Consultants and Income Tax Bar Association, Ahmedabad.

02 Feb 2022 06:07 PM

Rs. 1,38,394 crore Gross GST Revenue collected for January 2022

Source: https://taxguru.in/goods-and-service-tax/rs-138394-crore-gross-gst-revenue-collected-january-2022.html

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