10 Aug 2022 05:32 PM
New

Option in Form RFD-01 to get refund arising out of excess payment in GSTR 4

Source: https://taxguru.in/goods-and-service-tax/option-form-rfd-01-refund-arising-excess-payment-gstr-4.html

Option in Form RFD-01 to get refund arising out of excess payment in GSTR 4, for Taxpayer under Composition levy

10 Aug 2022 05:35 PM
New

Functionality to search and view Advance Ruling Orders under GST

Source: https://taxguru.in/goods-and-service-tax/functionality-search-view-advance-ruling-orders-gst.html

♦ Earlier, there was no functionality available to search for the Advance Ruling Orders issued by the Authority / Appellate Authority for Advance Ruling.

10 Aug 2022 05:39 PM
New

10 recent policy measures to curb GST evasion by fraudulent persons

Source: https://taxguru.in/goods-and-service-tax/10-recent-policy-measures-curb-gst-evasion-fraudulent-persons.html

(a) the details of the number of registered dealers coming under the Centre who did not pay a single rupee or paid very less as tax under the Goods and Services Tax (GST) since its implementation, State-wise;

10 Aug 2022 05:42 PM

No GST on ‘Sarais’ run by religious/charitable trusts

Source: https://taxguru.in/goods-and-service-tax/gst-sarais-run-religious-charitable-trusts.html

GST has recently been imposed with effect from 18 July, 2022. Certain sections of the media and social media are spreading the message that GST has recently been imposed with effect from 18 July, 2022 even on ‘Sarais’ run by religious/charitable trusts. This is not true. The correct position is detailed below:

10 Aug 2022 05:46 PM

GST Council Newsletter for the month of July, 2022

Source: https://taxguru.in/goods-and-service-tax/gst-council-newsletter-month-july-2022.html

The gross GST revenue collected in the month of July, 2022 is ₹1,48,995 crore of which CGST is ₹25,751 crore, SGST is ₹32,807 crore, IGST is ₹79,518 crore (including ₹41,420 crore collected on import of goods) and cess is ₹10,920 crore (including ₹ 995 crore collected on import of goods). This is second highest revenue since introduction of GST.

10 Aug 2022 05:51 PM

GST payable on interest component of EMI of Credit Card loan: Calcutta HC

Source: https://taxguru.in/goods-and-service-tax/gst-payable-interest-component-of-emi-credit-card-loan-calcutta-hc.html

HIGH COURT OF CALCUTTA: Ramesh Kumar Patodia v. Citi Bank [WPO NO. 547 OF 2019 JUNE 24, 2022 ]

10 Aug 2022 06:11 PM

GST on Wet Grinders

Source: https://taxguru.in/goods-and-service-tax/gst-wet-grinders.html

(a) whether the Government proposes to consider reducing the Goods and Services Tax (GST) rate of 18 per cent on wet grinders as most of the Micro, Small and Medium Enterprises are hugely affected by this GST increase;

10 Aug 2022 06:14 PM

6 recent measures taken by Govt to check tax evasion through fake firms

Source: https://taxguru.in/goods-and-service-tax/recent-measures-govt-check-tax-evasion-fake-firms.html

(a) whether incidents of Goods and Services Tax (GST) evasion through fake firms have come to light in the country;

10 Aug 2022 06:16 PM

No recommendation by GST Council for change in existing GST rate slabs

Source: https://taxguru.in/goods-and-service-tax/recommendation-gst-council-change-existing-gst-rate-slabs.html

(a): GST rates/ rate slabs applicable on goods and services are prescribed on the recommendations of the GST Council, which is a constitutional body comprising of representatives from States/UTs and Centre. At present, there is no recommendation from the GST Council for change in the existing GST rate slabs.

10 Aug 2022 06:22 PM

Steps taken by Government to achieve target of 5 trillion dollar economy

Source: https://taxguru.in/goods-and-service-tax/steps-taken-government-achieve-target-five-trillion-dollar-economy.html

(a) whether it is true that higher tax collection in the last financial year is due to boom in the Service Sector