GSTN Alert: GST Portal to shut down till Tomorrow Morning
The Goods and Services Tax Network ( GSTN ) has informed that the GST portal will not be available to the taxpayers from today 11 p.m to tomorrow 05:00 AM. “We shall be enhancing services
GST: Govt to take Lenient Approach on Taxpayers till Election
The Government may take a lenient approach on the taxpayers under the GST towards the businesses till the Loksabha elections. The authorities will, however, continue to collect data on transactions from various sources, which will
Parliamentary Committee Urges Government to Waive GST on Imported Pharmaceutical Products Essential for Life-Saving Medical Research
A Parliamentary Panel has asked the Centre to provide GST exemption for imported pharmaceutical products used by hospitals or scientific organisations in research on life-saving medicines and treatments. Congress member Adhir Ranjan Chowdhury, Chairman of
GST E-Invoicing to help in ease of doing business compulsory from Oct 1, 2020 as planned, says GSTN CEO
The government proposes to roll out compulsory e-invoicing of Goods and Service (GST) from October 1, 2020, which was revealed by GST Network (GSTN) CEO Prakash Kumar. However, it has decided to raise the threshold
Govt. extends Due date for GSTR-3B for July 2019 to Aug 22
The Central Board of Indirect Taxes and Customs ( CBIC ) has extended due date for GSTR-3B return for July 2019 to August 22nd. GSTR-3B is a monthly return. All regular taxpayers need to file
Bogusness of GST bill, Understand, know and Report
The Goods and Services Tax (GST) bill refers to a document that outlines the tax details on a particular transaction involving goods or services. GST is a comprehensive indirect tax levied on the supply of
Govt to launch One-Time Amnesty Scheme for GST Defaulters
In order to give an opportunity to the GST defaulters, the GST Council is likely to consider a one-time amnesty scheme to facilitate an exit for ‘nil’ filers and non-filers. “Approximately there is 25 lakh
No Compulsory Recovery of GST Dues during Search & Investigation: Taxpayers have Option to Pay Dues through Portal, GST Dept Clarifies [Read Circular]
The GST department has clarified that there is no mandatory recovery of tax dues during the course of search or inspection or investigation proceedings and the taxpayers have option to pay the GST dues through
Persons Applied for Enrolled as GST Practitioners shall Pass Exam within 18 Months: Govt Amends Rules [Read Notification]
In an amendment to the Central Goods and Services Tax Rules, 2017, the Government has extended the period within which the persons who are applied for the enrollment of GST Practitioners shall pass the exam
CBIC notifies waiver of Late Fee of all Pending Form GSTR-1 from July 2017 to Nov 2019 [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the waiver of late fee of all pending Form GSTR-1 from July 2017 to November 2019. In the 38th meeting of the
Online Money Gaming and Gambling: Kerala Govt Cabinet proposes Ordinance for SGST Amendment
In a significant move to regulate online money gaming and gambling, the Kerala government cabinet has proposed an ordinance for the amendment of the Kerala Goods and Services Tax (KGST). The decision was finalized during
GST Return: GSTR-2B for April 2021 will be generated after the Due dates, says GSTN
The Good and Service Tax Network (GSTN) said that the GSTR-2B for April 2021 will be generated after the Due dates. The Rule-60(7) of CGST Rules-2017 prescribes for generation of auto-drafted statements containing the details
Delhi HC allows filing of Revised TRAN-1 [Read Order]
The Delhi High Court has directed to reopen the GST portal for one-time revised TRAN-1 to enable the Petitioner to claim transitional credit of service tax paid on Advance in terms of Section 142(11) (c)
GST Update: Kerala GST Dept issues SOP for Monitoring Ineligible IGST ITC Reversal by Taxpayers in GSTR-3B
The Goods and Services Tax (GST) department of Kerala has issued a Standard Operating Procedure for Monitoring Ineligible Integrated Goods and Services Tax (IGST) Input Tax Credit (ITC) Reversal by Taxpayers in return Form GSTR-3B.
CGST Commissionerate Delhi officials arrest man for input tax credit fraud of Rs 50.03 crore
The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods