New GST Rule 88B notified for levy of interest on Late Payment of Tax and Wrongly Availed ITC
The CBIC has issued Central Goods and Services Tax (Amendment) Rules, 2022 vide Notification No. 14/2022- Central Tax dated 5th…
Category: GST Articles
E-commerce players face challenges on drive against fake GST registration
According to the CBIC, the government’s recent two-month drive against fake GST identified around 45,000 entities and has detected evasion…
30 fake firms, 150 entities involved in GST fraud worth hundreds of crores
At least 30 fake firms and over 150 entities have been found to be involved in Goods and Services Tax…
₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Y-o-Y growth
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which CGST is ₹28,411…
Empanelment with the O/o C&AG of India for the year 2023-24
Provisional empanelment status of the firm along with provisional point score for the year 2023-2024 will be available on the…
GST Compliance Calender for June, 2023
For the ready reference of our readers, we have compiled a GST compliance calendar containing the important dates for compliance…
Latest Instructions issued on GST Registration, Cancellation & Revocation
Recently important instructions have been issued by the State Tax Department of Odisha to prevent fake GST registrations and weed…
GSTN issues advisory on Filing of Declaration by GTA
The Goods and Service Tax Network (“GSTN”) has issued an Advisory dated 30th May, 2023 on the filing of declaration in Annexure…
SOP for Scrutiny of Returns for FY 2019-20 onwards issued by CBIC
The CBIC vide Instruction No. 02/2023-GST dated 26th May 2023 has issued Standard Operating Procedure (“SOP”) for Scrutiny of Returns for Financial…
HSN Code Reporting in e-Invoice on IRPs Portal
The Goods and Services Tax Network ( GSTN ) has issued an Advisory dated 22nd March 2023 on HSN Code…
Income Tax sends Rs 8 crore recovery notice to a labourer
In a shocking incident, the Income Tax department sent a notice to a labour for recovery of Rs 8 crores. The person,…
GST advisory for the taxpayer wishing to register as “One Person Company”
Goods and Services Tax Network has issued an Advisory dated 21st March 2023 for the taxpayer wishing to register as “One Person…