02 Feb 2022 06:10 PM
New

One arrested in Haryana in Fraudulent ITC availment case of Rs. 7 Crore

Source: https://taxguru.in/goods-and-service-tax/one-arrested-haryana-fraudulent-itc-availment-case-rs-7-crore.html

Government of Haryana Excise and Taxation Department Haryana State GST – Intelligence Unit 29th January, 2021 Press Release Subject: – Arrest of Sh. Vinod Kumar Goyal, Proprietor, M/s S. V. INDUSTRIAL ENTERPRISES (GSTIN – 06ACGPG7686J1Z6), Loha Mandi, Nehru Ground NIT Faridabad

02 Feb 2022 05:38 PM
New

GST Liability paid percentage – Calculation methodology

Source: https://taxguru.in/goods-and-service-tax/gst-liability-paid-percentage-calculation-methodology.html

Liability paid percentage – Calculation methodology Liability paid percentage = (Liability paid / Liability auto drafted) *100 Liability paid: This is the sum of total liability (Other than reverse charge and reverse charge) paid by the taxpayer in Form GSTR-3B for a particular period.

02 Feb 2022 05:49 PM
New

Admiration of CGST for expeditious granting of GST Registration

Source: https://taxguru.in/goods-and-service-tax/admiration-cgst-expeditious-granting-gst-registration.html

CAAS appreciates the policy implementation by CGST Vadodara Zone with respect to issuing of speedy & non-invasive GST Registrations in matter of hours & at the most taking 2 days as promised under the Citizen Charter of CBIC.

02 Feb 2022 06:03 PM

Representation on hardships being faced in obtaining new GST registration

Source: https://taxguru.in/goods-and-service-tax/representation-hardships-faced-obtaining-gst-registration.html

Representation with respect to hardships being faced while obtaining new GST registration number & Request to issue suitable SOP and Trade Notice or Circular or Guidelines with respect to new GST registration by All Gujarat Federation of Tax Consultants and Income Tax Bar Association, Ahmedabad.

02 Feb 2022 06:07 PM

Rs. 1,38,394 crore Gross GST Revenue collected for January 2022

Source: https://taxguru.in/goods-and-service-tax/rs-138394-crore-gross-gst-revenue-collected-january-2022.html

Rs 1,38,394 crore Gross GST Revenue collected for January 2022 GST collection crossed Rs 1.30 lakh crore mark for the 4th time Revenues for the month of January 2022 15% higher than GST revenues in the same month last year and 25% higher than the GST revenues in January 2020

28 Jan 2022 05:59 PM

Bogus network of 275 firms involving fake invoices of ₹ 3100 cr busted

Source: https://taxguru.in/goods-and-service-tax/bogus-network-275-firms-involving-fake-invoices-%E2%82%B9-3100-cr-busted.htm

The Directorate of Goods and Service Tax Intelligence, Ghaziabad Regional Unit has busted a syndicate involved in creating and controlling fake firms and issuing of bills by these fake firms without supply any Goods or Services and encashment of GST refund.

24 Jan 2022 06:29 PM

Consumer electronics makers seek customs duty hike on finished goods imports, incentives on R&D

Source: https://www.livemint.com/budget/expectations/consumer-electronics-makers-seek-customs-duty-hike-on-finished-goods-imports-incentives-on-rd-11642923115805.html

The industry expects government to lower GST on air conditioners to an 18 per cent tax slab and also a similar reduction for TV

24 Jan 2022 06:39 PM

34 Suggestion on Budget 2022 Proposal for GST

Source: https://taxguru.in/goods-and-service-tax/34-suggestion-budget-2022-proposal-gst.html

BJP Professional Cell, Mumbai has made a representation to Honorable Union Finance Minister and suggested 34 changes related to GST in Union Budget 2022 so that difficulties faced by Common GST Taxpayers can be removed.

24 Jan 2022 06:51 PM

Businessman arrested for running fake ITC network

Source: https://taxguru.in/goods-and-service-tax/businessman-arrested-running-fake-itc-network.html

CGST Bhiwandi Commissionerate arrests businessman for running fake ITC network

20 Jan 2022 06:08 PM

MTPA Call for GST protest week and common representation

Source: https://taxguru.in/goods-and-service-tax/call-gst-protest-week-common-representation.html

This is the advice given by 16 century Saint Ramdas from Maharashtra to (king) Chatrapati Shivaji Maharaj. In essence it means “one who organises mass movement gets the strength. But he cautions that it have backing of God, meaning there by that the goal should be noble.”