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As per existing GST laws, any person who supplies goods through an e-commerce operator, is required to compulsorily register under GST, irrespective of the turnover of such persons. Accordingly, even where the turnover does not cross any threshold limit, such business would be required to register under GST and undertake all subsequent pe...

One arrested by DGGI Gurugram officials for fraudulently availing Input Tax Credit of more than Rs 16 crore The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GU), Gurugram, has unearthed a case wherein a series of entities controlled by a person as Proprietor / Director of M/s Umang Overseas, M/s Ulagarsan Impex Put ...

Amendments in GST Acts ♦ Certain changes have been proposed in the CGST Act through Finance Bill, 2022 based on the recommendations made by the GST Council. ♦ The Amendments pertaining to GST law are mainly in Clause 99 to 113 of the Finance Bill, 2022, which will come into effect from a date to […]...

Maharashtra State GST department arrested one person for bogus ITC claim worth Rs.14 crore from fake bills of around Rs.102 crore. The department has also been able to get revenue of Rs. 8 Crore from the suppliers linked to M/s. Cermix....

Article explains about New Functionalities made available for Taxpayers on GST Portal (March, 2022) which are related to  Creation of link for Manipur, Enhancements made in the Search Taxpayer  functionality, mandatory Aadhaar authentication/ Aadhaar enrolment ID for Form GST REG-21, Form GST CMP-02, Changes made on the portal for comp...

Final GST Compensation due to States is calculated on the basis of the revenue figures certified by the Accountant General of the concerned State. Many States including Jharkhand, Bihar and Maharashtra have not submitted the AG’s certified revenue figures since implementation of GST and therefore, Centre released only provisional admiss...

All time high Gross GST collection in March’ 2022, breaching earlier record of Rs. 1,40,986 crore collected in the Month of January, 2022 Rs. 1,42,095 crore gross GST revenue collected in the month The gross GST revenue collected in the month of March, 2022 is Rs. 1,42,095 crore of which CGST is Rs. 25,830 crore, […]...

CGST ghaziabad arrested the mastermind in follow up of an earlier case involved in GST fraud of Rs.783 crs. in value & fake ITC of approx 137 crs. by creating 76 bogus firms in connivance with 2 other persons using multiple PAN, mobile no etc. 3 persons have been arrested so far. PRESS NOTE CENTRAL […]...

उपरोक्त विषय में निवेदन है कि इस समय माइनिंग इंडस्ट्री पर RCM = REVERSE CHARGE MECHNISM, जो कि उनके द्वारा राज्य सरकार को भुगतान की गई रॉयल्टी से सम्�...

CGST Commissionerate, Navi Mumbai has busted a fake ITC racket of Rs. 19.84 Crore and arrested the Director of M/s Fortune Global Trade Private Limited on 30th March 2022....