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Fake invoices case with wrongful ITC availment of Rs. 39 Crore
Detection of fake invoices case with wrongful availment of Rs. 39 Crore Input Tax Credit and Rs 350 crore taxable value involving multiple fake/bogus firms.In a joint operation of Anti Evasion Wing an...
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New Functionality on Form GST ITC-04 and for GST Practitioners
A. FORM GST ITC-04To furnish details of the goods/ capital goods sent to job worker and received back or supplied from the premises of the job worker.The format of the GST ITC-04, as amended vide Noti...
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₹ 1,02,083 crore total gross GST revenue collected for July, 2019
Ministry of FinanceGST Revenue collection for July, 2019₹ 1,02,083 crore total gross GST revenue collectedPosted On: 01 AUG 2019 8:36PM by PIB DelhiThe total gross GST revenue collected in the month o...
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3 persons been arrested in Gurugram for offences under CGST Act
CGST Commissionerate, Gurugram arrest Three persons for committing offences under CGST ActCGST Commissionerate, Gurugram, Haryana has arrested three persons namely, Sh. Sh. Anil Kumar, S/o Sh. Balwan...
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DGGI arrests one person for issuing bogus GST invoices
Press Information Bureau Government of IndiaMinistry of FinanceDated: 19 July 2019DGGI Headquarters arrests one person for issuing bogus invoices without supply of goodsThe Directorate General of GST...
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DGGI arrests two businessmen for GST evasion of Rs. 40 crores
Gurugram Zonal Unit of DGGI has arrested two businessmen in a case of fraudulent issuance of Input Tax Credit invoices without actual supply of goods, involving GST evasion of approximately Rs 40 cror...
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Some Replies received from GSTN for CMP-08 and GSTR-4
Problem reported: Concern regarding CMP-08 is not reflecting on return dashboard.Resolution: This is in reference to our telephonic conversation, we informed you that the functionality for filing CMP-...
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Fraudulent GST ITC of Rs 5.06 Crore- One arrest in Gurugram
The Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit arrests one person for taking ITC fraudulently to the tune of more than Rs 5.06 CroreThe Directorate General of GST Intelligence...
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Impact of GST on Apparel Sector
GST rates for garments and made up articles is 5% of sale value not exceeding Rs. 1000 per piece and 12% for articles of sale value exceeding Rs. 1000 per piece. The GST rates are lesser than the pre-...
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Amendment of GST Registration through GST Practitioner
Amendment of Registration in Core and Non-Core fields through a GST PractitionerTDS/TCS/NRTP/OIDAR/UN Body/Embassy/ONP Taxpayers can now select a GST Practitioner for filing of Amendment of Registrati...
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GST Return and Registration processes further simplified
GST processes further simplified; businesses with less than Rs. 5 crore annual turnover to file quarterly GST returns; threshold for goods supplier to be enhanced from Rs. 20 lakhs to Rs. 40 lakhs Sab...
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Summary of Various GST Returns & Due dates in July 2019
10 JULY 2019 – GSTR 8 TDS & TCS Return under GST11 JULY 2019- GSTR-1 for June’19 (Monthly Return) Fot Taxpayer having turnover of more than Rs 1.50 Cr or or opted to file monthly Return13 JULY 2019- G...
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GST Annual Returns and Reconciliation Statement-12 Issues clarified
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsPress Release Clarification regarding Annual Returns and Reconciliation Statement The Government h...
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GST to be a WIN-WIN situation for all stakeholders associated
The Minister of State for Finance & Corporate Affairs, Shri Anurag Singh Thakur calls upon all the Officers of CBIC to make GST in India the best GST available in the world;GST Day Celebrations organi...
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GST Revenue collection for June, 2019 stands at Rs.99,939 crore
GST Revenue collection for the month of June, 2019 stands at Rs.99,939 crore.Total number of GSTR 3B Returns filed for the month of May up to 30th June, 2019 stands at 74.38 lakhTotal gross GST revenu...
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2 Years of GST Implementation
Happy GST day. The Goods and Services Tax regime completed 2 years. GST regime has seen many changes and faced many challenges during the 2 years.2 years Journey of GST ♣ 35 GST Council meetings,♣ 186...
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Two Years After GST
Today, the Goods and Services Tax regime enters its third year. The monumental restructuring of one of the world’s clumsiest indirect tax system was not an easy task. The challenges to implement the G...
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Updated Central Goods and Services Tax Rules, 2017 till 28.06.2019
This article have updated Central Goods and Services Tax Rules, 2017 which were initially released on 19th June 2017 and amended by various notifications issued from time to time. CGST Rules are updat...
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2nd anniversary of GST to be celebrated on 1st July 2019
2nd anniversary of Goods & Services Tax to be celebrated on 1st July 2019 The second anniversary of Good & Services Tax (GST) will be celebrated tomorrow with Hon’ble Union Minister of State of Financ...
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CBI Arrests Assistant Commissioner of CGST & Superintendent in bribery case
Central Bureau of InvestigationPress Release New Delhi, 27.06.2019The Central Bureau of Investigation has today arrested an Assistant Commissioner and a Superintendent, both working in CGST, Patna-II...