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10 days Advanced GST Certificate Course (Virtual) from 10th July 2023
Join the 10-day Advanced GST Certificate Course (Virtual) from 10th July 2023 to 21st July 2023 and enhance your expertise in Goods and Services Tax (GST). Organized by ACAE in association with AIFTP,...
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Impressive Growth in India’s GST Collection in June 2023
In June 2023, India’s gross GST revenue hit ₹1,61,497 crore, indicating a 12% year-on-year growth. This marks the fourth instance where the gross GST collection has surpassed the ₹1.6 lakh crore mark...
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Form DRC-01B – Managing Liability Differences in GST Returns
In this article, we delve into the intricate details of Form DRC-01B in terms of return compliance. We address frequently asked questions (FAQs) about Form DRC-01B, its applicability, filing, and the...
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CGST Delhi West Commissionerate busts nexus of more than 30 fake firms and arrests a person in special drive against fake registrations
Ministry of Finance The CGST Delhi West Commissionerate under CGST Delhi Zone, upon analysis of an entity under investigation as part of Special Drive against fake registrations, found multiple entiti...
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CGST Delhi West Commissionerate Exposes Network of Fraudulent Firms and Arrests Key Suspect
CGST Delhi West Commissionerate busts nexus of more than 30 fake firms and arrests a person in special drive against fake registrations In a critical crackdown on financial malpractices, the CGST Delh...
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Major Fraud Syndicate Involving Fake Firms Busted by DGGI in Jaipur
Introduction In an ongoing battle against fraudulent practices, the Directorate General of GST Intelligence (DGGI), Jaipur Zonal Unit, has made a significant breakthrough. The unit successfully expose...
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Amnesty Scheme Under GST – Avail benefits before 30th June 2023
Hurry up Taxpayers! 30th June, 2023 is the last day to avail the benefits of the Amnesty Scheme Under GST. Amnesty scheme under the Goods and Services Tax (GST) scheme offers benefits to non-filers of...
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7 Recent recent updates on the GST portal – June 2023
The GST portal has introduced several new features and updates to enhance the user experience and streamline various processes. This article highlights the recent changes, including geocoding of the p...
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Mandatory 2-Factor Authentication for Taxpayers with AATO above 100cr from 15/07/2023
2 Factor Authentication for e-Way Bill and e-Invoice System will be made mandatory from 15/07/2023 for all the taxpayers with AATO above 100cr. Introduction Effective from 15/07/2023, the National Inf...
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RTI reveals 54.57% GST Registration Applications rejected by Department
This article presents a detailed analysis of Goods and Services Tax (GST) Registration applications across multiple zones in India, providing insights into the rejection rates and the reasons behind t...
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India’s GST Revenue for May 2023 Surpasses ₹1.57 Lakh Crore
The gross GST revenue collected for May 2023 in India amounted to ₹1,57,090 crore, representing a 12% year-on-year growth compared to May 2022. This marks the 14th consecutive month with GST revenues...
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e-Waybill System – 2 Factor Authentication, Deregistration & Common Enrollment
Latest Updates on 2 Factor Authentication, Deregistration of Enrolment, and Common Enrollment in e-Waybill System The National Informatics Centre has introduced new features in the e-Waybill system, i...
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Process of blocking of E-way Bill and E-invoice generation
1. Sometimes IRPs may fail to check duplicate IRN from de-dup system for technical reasons. Under this circumstance, it is possible for tax payers to register the same document/invoice at different IR...
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CBIC rolls out Automated Return Scrutiny Module for GST returns
in ACES-GST backend application for Central Tax Officers During the recent review of the performance of the Central Board of Indirect Taxes & Customs (CBIC), Union Minister for Finance and Corporate A...
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5 New Functionality on GST Portal
1. Implementation of Amnesty scheme -Extension time for filing application for revocation of Suo Moto cancellation of registration. As announced by the Government, availment of amnesty scheme, between...
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GST Collection In April, 2023 At Record High
April, 2023 has registered a revenue collection (GST) at Rs. 187 lakh crore, which is the highest ever since introduction of GST in July, 2017. GST revenue for April, 2023 are 12 percent higher than A...
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GST revenue collection for April 2023 highest ever at Rs 1.87 lakh crore
Gross GST collection in April 2023 is all time high, Rs 19,495 crore more than the next highest collection of Rs. 1,67,540 crore, in April 2022 GST revenues for April 2023 are 12% higher than the GST...
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CBIC to introduce automated GST return scrutiny by next week
Union Finance Minister Smt. Nirmala Sitharaman chairs review meeting with Central Board of Indirect Taxes & Customs (CBIC) Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman chaire...
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KPTCE: Representation on glitches and hardship in payment of taxes & filing of returns
KSCAA has sent a representation to the The commissioner of Commercial Tax, on umpteen number of glitches and hardship in payment of taxes and filing of returns under Karnataka Tax on Professions, Trad...
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10 NEW Functionality introduced by GSTN on GST Portal
GST Registration 1. Change made in Composition restriction table The message table containing HSN wise list of items restricted for availing compositing scheme has been updated in the registration app...