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GSTN enables tax-officers keep moving despite the lockdown

The Goods and Services Tax Network (GSTN) has said that has enabled tax officers of different states and union territories (UTs) to access their offices during the lockdown period. The company is providing secured access to the office network on request....

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40% Discount on Self-Learning Course on GST & Income Tax

40% Discount on Self-Learning Certification Course on GST and Income Tax by TaxGuru Edu Sharpen your skills while in Quarantine. As our country fights the Covid-19 and we are all in a lockdown for 21 days, TaxGuru Edu aims at making your quarantine – a quality time. Through the self-learning courses, we hope to give you a […]...

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GST Revenue Collection for March, 2020

The gross GST revenue collected in the month of March, 2020 is Rs. 97,597crore of which CGST is Rs. 19,183 crore, SGST is Rs. 25,601 crore, IGST is Rs. 44,508 crore (including Rs. 18,056 crore collected on imports) and Cess is Rs. 8,306 crore (including Rs. 841 crore collected on imports). The total number of GSTR-3B Retu...

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Extend Due Date For Compliance of all fiscal laws

Representation on Extension of Due Date For Compliance of all fiscal laws including Income Tax, GST, CBEC, Prohibition of Benami Property Transactions Act, 1988 (PBPT Act)  , in view of advisory of the Hon’ble Prime Minister sir to stay inside home...

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Fake News circulating on extension of date for GST return filing: CBIC

As per CBIC twitter Handle A fake tweet is circulating regarding extension of date for GST return filing. It also stats that The Government is aware of the challenges faced by public due to COVID-19. Tweet further ask Taxpayers to  wait for further communication in this regard. CBIC tweet at one hand is making people […]...

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Firm busted for claiming bogus Input Tax Credit of around Rs 281 Crores

In an investigation led by CGST Meerut team has prima facie revealed issuance of GST invoices of Rs. 1,708 crores from a chain fake firms/companies operating from Delhi, Moradabad and Meerut, involving fraudulent ITC of about Rs 281 crores. The fraud amount may exceed on further probe....

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Delhi CGST detects fraudulent ITC to the tune of Rs. 24 crores

Officers of Anti-Evasion, CGST, Delhi East, have unravelled an operation involving availment of fraudulent Input Tax Credit on the basis of fake invoices and evasion of GST by utilizing the said fraudulent ITC to the tune of Rs. 24 crores apprx by M/s Shub Conductors LLP. Investigation was initiated against Shub Conductors LLP on intellig...

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Extend due dates of VAT assessments, Fill vacant posts: JCTBA

JHARKHAND COMMERCIAL TAXES BAR ASSOCIATION March 19, 2020 To, Hon’ble Finance Minister Government of Jharkhand Ranchi. Sub : Practical difficulties in day to day affairs Respected Sir, Our Association was formed in the year 1965 with the purpose of providing assistance and educate its Members practicing in Indirect taxes field. Time and...

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Request for not increasing Threshold Limit for GST Annual Return & Audit

A major part of the Taxpayers would not be having a turnover of Rs. 5 Crore. So if the threshold limit of filling GSTR 9C is increased up to Rs. 5 crores, then a large amount of taxpayers would escape from requirement of certification of business transaction. Lesser number of Taxpayer would imply less collection of tax and hence loss of r...

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Extend due date of Return under GST due to COVID-19: ICAI

Provide appropriate relaxation to the registered person and extend due dates of filing all returns under GST, which fall in month of March and April, 2020 till 30th April, 2020. This would provide needed relaxation to the trade, in combating the circumstances arising out of Coronavirus....

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