GST

GOODS AND SERVICES TAX NETWORKNew Functionalities made available for Taxpayers for the Month of November, 2021 on GST Portal related to GST Registration, Refunds, Registration, Returns and Payments, R...

Section 9(5) – GST LIABILITY – E-COMMERCE OPERATOR: CONSOLIDATED NOTIFICATION Section 9 of the Central Goods and Services Tax (CGST) Act, 2017 relating to ‘Levy and Collection’, Section 9 (5) The Gove...

GST collection for November,2021 surpassed last month collection registering the second highest since implementation of GST Revenues for the month of November 2021 , 25% higher than the GST revenues i...

The gross GST Collection in FY 2021-22 post COVID-19 pandemic outbreak are showing an increasing trend. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in written reply to...

F No. 461403 Government of Haryana Excise and Taxation Department Dated the 22nd November, 2021 Subject: Guidelines for disallowing debit of electronic credit ledger under Rule 86A of the HGST Rules,...

Nag Vidarbha Chamber of Commerce (NVCC) has made a representation to Hon’ble Prime Minister of India and Others against increase in GST on textile & footwear from 5% to 12%. It requested that in the i...

GST collection for October 2021 registered the second highest since implementation of GST ₹ 1,30,127 crore gross GST revenue collected in October Revenues for the month of October 2021 are 24% higher...

A revamped & enhanced version of GSTR-1/IFF is being made available on the GST Portal to improve the taxpayer experience. Improvements in GSTR-1 A revamped & enhanced version of GSTR-1/IFF is being ma...

CAIT expresses shock over Government’s decision of increase in GST Rate on textile from 5% to 12% as same will badly hit textile sector which is already struggling for its survival due to COVID-19. Co...

The Central Government has released GST Compensation of Rs. 17,000 crore to States today. The total amount of compensation released to the States/UTs so far including the aforesaid amount during the y...

GST collection for October 2021 registered the second highest since implementation of GST ₹ 1,30,127 crore gross GST revenue collected in October Revenues for the month of October 2021 are 24% higher...

Top 10 Issues Faced by Professionals & Taxpayer in GST since 2017 Ambejogai Tax Practitioners Association Submitted a Representation to Hon’ble Union Minister of State Finance – Shri Dr. Bhagwat Karad...

Gurugram DGGI Unit arrests 3 persons for running fake firms and evading GST of more than Rs 48 crore The Gurugram Zonal Unit (GZU) of Directorate General of GST Intelligence (DGGI) has arrested three...

Thane CGST arrests one person for Input Tax Credit Fraud Of Rs. 90.68 crores In a major drive initiated against fraudsters who are availing and utilizing fake Input Tax Credit (ITC) Thane Central GST...

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) ICAI/IDTC/2021-22/Rep/5 7th October, 2021 Shri Sanjay Mangal Commissioner, GST Central Board of Indirect Taxes & Custom...

ICAI submitted its Suggestions on GST Portal related to Significant changes in GSTR-1, GSTR-2A, GSTR-2B and GSTR-3B Returns & Integration, Recent changes in Registration and Refund, available Function...

Hi Everyone, I have developed Excel Add-ins with the help of Excel-VBA which will help you in GST compliances related work. Some of the features of such Add-ins are as follows: 1) Custom Lookup Formul...

An RTI reveals that Whopping 6.14 lac crore ITC blocked under rule 86A of CGST Rules, 2017 out of which 2.96 lac Crore is blocked for more then 1 year in utter disregard of rule 86A(3). Read Full text...

Returns ♦ Auto-Interest Computation in R-3B/CMP-8/R-5 ♦ Negative Liability in GSTR-3B ♦ Changes in Comparison Report Refunds ♦ Converting IGST Refund withheld cases at ICEGATE into RFD-01 ♦ Refund of...

Highlights of 45 GST Council Meeting Recommendations of 45 GST Council Meeting Several people centric decisions taken by GST Council The 45th meeting of the GST Council was held on 17.09.2021 at Luckn...