GST news
₹1,40,885 crore gross GST Revenue collection for May 2022; increase of 44% year-on-year
The gross GST revenue collected in the month of May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore, IGST is ₹73,345 crore (including ₹...
Read more
Late fees for GSTR 4 for FY 2021-22 waived till 30.06.2022
CBIC vide notification no. 07/2022 Dt. 26.05.2022 has waived late fees of GSTR 4 for FY 2021-22 from 1st May...
Read more
Welcoming Step by CBIC on recent Gurugram incident | GST officer suspended
ICAI thanks Hon’ble Union Finance Minister Ms. @nsitharaman ji for inviting ICAI to discuss matters related to profession. The ICAI...
Read more
DGGI Gurugram arrests one person for fraudulently availing ITC of more than 160 crore through a network of 10 fake firms
Quiet a few of the firms, to whom invoices were issued were found to be non-existent / fake (registered on...
Read more
GSTR 3B due date extended for April 2022 to 24.05.2022
Now CBIC has vide notification no. 05/2022 and notification no. 06/2022 Dt. 17.05.2022 has extended the due date for filing...
Read moreDue date for GSTR 3B for April 2022 might be increased by CBIC
Considering the difficulties faced by taxpayers in filing their GSTR-3B for the month of April 2022, a proposal to extend...
Read more
GST website issues advisory for Incomplete GSTR-2B in some cases
1. It has been noticed that in a few cases, certain records are not reflected in the GSTR-2B statement for...
Read moreHow to report 6% GST rate on various goods in GSTR-1 | GST return filing update
Changes are being made on the GST portal to include this rate in GSTR-1. As a temporary measure, taxpayers who...
Read moreAnnual Aggregate Turnover (AATO) computation for FY 2021-22
The taxpayers can view the exact Annual Aggregate Turnover (AATO) for the previous Financial Year (FY). The taxpayers can also...
Read moreAdvisory to composition taxpayers issued by GST department | CBIC
Background: Since FY 2019-20, composition taxpayers has to pay the liability through Form GST CMP-08 on quarterly basis while return...
Read moreGST Revenue collection for April 2022 highest ever at Rs 1.68 lakh crore
The gross GST revenue collected in the month of April, 2022 is Rs 1,67,540 crore of which CGST is Rs 33,159 crore, SGST...
Read moreCGST Commissionerate Mumbai South Arrests Co-conspirator in a Fake Input Tax Credit Claim of Rs. 11.07 Cr; Proprietor arrested earlier
Anti-Evasion Unit of Mumbai South CGST Commissionerate has arrested the co-conspirator in a case of M/s New Laxmilal & Co....
Read more
Clarification by Ministry of Finance relating to increase in GST rate of 143 items
Some reports have even carried the number and description of items. It is clarified that no feedback from States has...
Read more
Standard Operating Procedure (SOP) for Scrutiny of GST returns for FY 2017-18 and 2018-19 announced by CBIC
(1) Where any return furnished by a registered person is selected for scrutiny, the proper officer shall scrutinize the same...
Read moreOne 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...
Read more
- ₹1,44,616 crore gross GST Revenue collection for June 2022; increase of 56% year-on-year
- Recommendations of 47th GST Council Meeting | Changes in GST rate as recommended by GST council
- Relaxation in payment of additional fees in case of delay in filing Form 11 (Annual return) by LLP till 15.07.2022
- India extends Applicability of compensation cess on vehicles, motor cycles etc till 31.03.2026
- Order u/s 119 of the I.T. Act, 1961 in relation to TDS u/s 194S for transactions other than those taking place on or through an Exchange [Read circular]
- Engagement of Chartered Accountant/ Chartered Accountants Consultancy firm/agency for various tax related works at ICMR-NICPR, NOIDA
- Clause 44 of the Tax Audit Report will be applicable for AY 2022-23 | Here’s why
- Guidelines for removal of difficulties under sub-section (6) of section 194S of the Income-tax Act
- ITR 5 is now available for filing | What are the changes in ITR 5 for AY 2022-23 | File ITR 5 online with experts on Taxontips
- Availing ITC as per law and GSTR2B – Same invoice showing twice in GSTR 2B
Excellent service
Onkar
Software Developers
Filing of ITR 1 online with expert
Siddharth Goyal,
Self employed
TaxOnTips provides you all tax related solutions in easy way and update you with its regular updates & notifications Visit us for details.
We are based in Jaipur, India
