-
Credit Anti-profiteering penalties in the Consumer Welfare Fund
Pradeep Mehta 29th September, 2021, New Delhi Leading consumer and public policy research and advocacy group, CUTS International has requested the Finance Minister, Ms Nirmala Sitharaman that penaltie...
-
CGST & Central Excise officials make arrests in Mumbai
Ministry of Finance Arrest made in an ongoing investigation involving receipt and supply of ineligible Input Tax Credit amounting to Rs. 6.46 Crores Department has launched a drive against fake invoic...
-
CGST (Eighth Amendment) Rules, 2021
CBIC Notification No. G.S.R. 659(E). Dtd. 24th September, 2021 The CBIC has notified CGST (Eighth Amendment) Rules, 2021 to amend the existing CGST Rules, 2017, which shall come into force as on the d...
-
Date extension – 3rd phase of Rajasthan Amnesty Scheme 2021
Bhiwadi Manufacturers Association BMA/71/2021-22/216 24th September, 2021 Shri Ashok Gehlot Ji, Hon’ble Chief Minister Government of Rajasthan Jaipur. Subject:- Date extension – 3rd phase of Amnesty S...
-
One arrested in Haryana for ITC fraud of Rs. 35 Crores in GST
Government of Haryana Excise and Taxation Department Haryana State GST-Intelligence Unit Press Release | 22nd September 2021 The Haryana State GST Intelligence Unit has arrested Vijay Garg, Proprietor...
-
GST Update on difficulty in updation of Electronic Cash Ledger on 20.09.2021
CBIC tweeted on 22.09.2021 as follows:- A few taxpayers have reportedly faced difficulty in the updation of their Electronic Cash Ledger on September 20, 2021 while filing their GSTR-3B returns. To mi...
-
Allow Input Tax Credit due to Recipients by way of belated filing of GSTR 1
BEFORE SMT. NIRMALA SITARAMAN, HON’BLE FINANCE MINISTER, GOVERNMENT OF INDIA, NEW DELHI & CHAIRPERSON, GST COUNCIL All Chief Ministers / Ministers of Finance, State Governments GST Council 16-09-2021...
-
GST Evasion: DGGI Gurugram arrests 3 including a CA
Ministry of Finance DGGI Gurugram arrests 3 persons, including mastermind, commission agent and CA in racket of fictitious firms involving fake ITC of 121 crore Posted On: 15 SEP 2021 The Directorate...
-
Madras HC issues Non-Bailable Warrants on failure to pay Entry Tax
The Madras High Court vide an order returnable on September 06, 2021 issued a Non-Bailable warrant against Grandhe Construction Private Limited (Petitioner No. 1) and Sri Murugan Earth Movers (Petitio...
-
GST Newsletter for the Month of August, 2021 by GST Council Secretariat
45th GST COUNCIL MEETING TO BE HELD ON 17TH SEPTEMBER 2021 The 45th meeting of the GST Council is scheduled to be held on 17th September 2021 at Lucknow, Uttar Pradesh under the chairpersonship of Hon...
-
CBIC needs to clarify on applicability of GST Audit for the year 2020-21
Through E-mail/Speed Post Dated: 04.09.2021 The Chairman, Central Board of Indirect Taxes & Customs (CBIC) Government of India, Ministry of Finance, Department of Revenue, North Block, New Delhi-11000...
-
GST Revenue collection for August 2021
Ministry of Finance GST Revenue collection for August 2021 ₹ 1,12,020 crore of gross GST revenue collected in August Posted On: 01 SEP 2021 1:18PM by PIB Delhi The gross GST revenue collected in the m...
-
Representation on GST Questionnaire/Queries of Absurdness
Chartered Accountants Association, Surat has made a representation to CBIC Chairman and brought to his attention Questionnaire of Absurdness issued by Department, Bottlenecks in the present GST Regist...
-
Rationalize VAT on ATF within the range of 1% to 4%
Ministry of Civil Aviation Civil Aviation Minister urges States/UTS to rationalize VAT on ATF within the range of 1% to 4% Rationalization of VAT to give impetus to air travel To enable a multiplier e...
-
4 New Updates on GST Portal as on 26.08.2021
1. Taxpayers have now been provided the facility to view/download Electronic cash or Credit ledgers for a period of 12 months. Earlier, the ledgers were allowed to be downloaded for a period of 6 mont...
-
Suggestion to Implement (DIN) System in Karnataka GST
KSCAA made representation to Smt. Shikha C, Commissioner of Commercial Taxes, Karnataka and urged to implement the DIN process in the administration of taxes in Karnataka. they provided Suggestion to...
-
GSTR 9C reconciliation now available and due date is 31.12.2021
Reconciliation statement (GSTR -9 ) for the FY 2020-21 is now available on the GST portal – Due date 31.12.2020The government has issued various notifications providing the details for filing of annua...
-
2 more arrested by DGGI Gurugram Unit for input tax credit fraud
Ministry of Finance Posted On: 25 AUG 2021 9:31AM by PIB Delhi The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has earlier busted a case wherein total fake ITC o...
-
Revised MEF Form for year 2021-22 to be live in October 2021
Professional Development Committee The Institute of Chartered Accountants of India 20th August, 2021 Multipurpose Empanelment Form (MEF) – 2021-22 You may be aware that the Professional Development Co...
-
Fake invoice racket evading tax of Rs. 32.56 crores of GST busted
Press Release by CGST Agra Commissionerate regarding busting of of fake invoice racket evading tax of Rs. 32.56 crores of GST. Total 4 persons arrested Press Release Dated: 19.08.2021 Acting upon the...