GST

GST WEEKLY UPDATE : 35/2022-23 (27.11.2022)

Latest GST News, Information, Notifications & Announcements [Period 22/11/22 to 28/11/22]

1.    Mandatory furnishing of correct and proper information of ineligible Input Tax Credit and reversal thereof in Form GSTR-3B As Per CBIC circular no. 170/02/2022:- GST has highlighted incorrect reporting of ineligible Input Tax Credit by Taxpayers. Maharashtra & Kerala state has issued instruction, Detail instruction issued by the Kerala state as under: 2.    DGFT: …

Latest GST News, Information, Notifications & Announcements [Period 22/11/22 to 28/11/22] Read More »

GSTN is Organizing Webinar on ‘Filing of an Appeal by Taxpayers on GST Portal’

Taxpayers Alert: Webinar on ‘Filing of an Appeal by Taxpayers on GST Portal’

GSTN is Organizing Webinar on ‘Filing of an Appeal by Taxpayers on GST Portal’- For creating awareness amongst all the stakeholders, GSTN is holding webinars on ‘Filing of an Appeal by Taxpayers on GST Portal’, as per the details given below: Webinar Topic Webinar on Filing of an Appeal by Taxpayers on GST Portal Language …

Taxpayers Alert: Webinar on ‘Filing of an Appeal by Taxpayers on GST Portal’ Read More »

Centre releases Rs. 17,000 crore of GST compensation to States/UTs

The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022 (State-wise details as per Table below). The total amount of compensation released to the States/UTs so far, including the aforesaid amount, during the year 2022-23 is Rs.1,15,662 crore. This …

Centre releases Rs. 17,000 crore of GST compensation to States/UTs Read More »

GST DOCTOR We created a bunch of tools to help GST officers quickly process GST returns downloaded from AIO. The three basic GST returns are GSTR 1, GSTR 3b and GSTR 2A/B a

“GST Doctor” Web Application of ITC Matching Module Developed by Sh. Milan Tiwari, Inspector of CGST Zone

Writeup on “GST Doctor” Web-Application In order to ensure ease of collation of data and verification of the monthly GST returns, a web-application VIZ: “GST Doctor ” was developed by Sh. Milan Tiwari, Inspector of Chennai CGST Zone. 2. The main areas of verification of GST returns by field officers are: reconciliation of outward supply …

“GST Doctor” Web Application of ITC Matching Module Developed by Sh. Milan Tiwari, Inspector of CGST Zone Read More »

Latest GST News, Information, Notifications & Announcements [Period 15/11/22 to 21/11/22]

“Don’t wait for the last-minute rush to file your TRAN-1/2 Forms. Please File today. The last date to file TRAN forms is 30th November 2022. No Form shall be accepted after 30th November 2022,” GST Portal said in a statement. 2.    ITC in annual return has been taken in to account uptill 30.11.2022: 3.    GST …

Latest GST News, Information, Notifications & Announcements [Period 15/11/22 to 21/11/22] Read More »

Arrests top GST official: CBI has recovered Rs 6.50 lakh and incriminating documents from the accused

Central Bureau of Investigation has arrested a Superintendent of CGST in Gujarat’s Gandhidham for allegedly demanding and accepting a bribe of Rs 1 lakh. The accused has been identified as S Maheshwari, Superintendent, CGST (Audit). A case was registered based on the allegations of demanding Rs 2.40 lakh in bribes from the complainant for the …

Arrests top GST official: CBI has recovered Rs 6.50 lakh and incriminating documents from the accused Read More »

CBIC issues guidelines for verification of transitional credit claims under GST

Recently, the GST Network (GSTN) has reopened the window for taxpayers to claim transitional credit under the Goods and Services Tax (GST) law from 1st October 2022 to 30th November 2022. Any taxpayer migrating from the pre-GST regime and missed claiming a transitional tax credit under VAT, service tax or excise law due to technical …

CBIC issues guidelines for verification of transitional credit claims under GST Read More »

GST-aba86171

Latest GST News, Information, Notifications & Announcements [Period 08/10/22 to 14/10/22]

Yes, if you are eligible for e-Invoicing, all the invoices of B2B and Exports need to be registered. No, there is no time limit for delivery of goods or generation of e-waybill for the e-Invoice. Yes, if you are eligible for e-Invoicing, all the invoices including RCM invoices issued by the Supplier need to be …

Latest GST News, Information, Notifications & Announcements [Period 08/10/22 to 14/10/22] Read More »

New GST Rules: For delay in filing GST monthly transaction return, now penalty up to Rs 10 thousand

4.80 lakh traders of Madhya Pradesh may have to pay a maximum penalty of Rs 10,000 from this month for delay in filling the return of transaction (GSTR-1). Actually, the government has made changes in the Central GST Act. These rules are being implemented from this month. Traders have to give information about the business …

New GST Rules: For delay in filing GST monthly transaction return, now penalty up to Rs 10 thousand Read More »

GST Return Filing: Attention, GST Taxpayers

Attention, GST Taxpayers who are required to Deduct Tax at Source (TDS) under GST! e-Commerce Operators who are required to Collect Tax at Source (TCS) under GST! Manufacturers registered under Central Excise Act, 1944 GST Taxpayers who are not under QRMP Scheme! Important announcement by the Central Board of Indirect Taxes & Customs about filing …

GST Return Filing: Attention, GST Taxpayers Read More »

Taxpayers are frequently receiving notices from the tax department for variance in the amount of ITC availment in GSTR 3B as compared to their respective GSTR 2A/2B

One such change has been recently notified by the government vide Notification No. 14/2022 – Central Tax dated July 5, 2022, in Table 4 of GSTR 3B, meant for Input Tax Credit (ITC) related information. The said changes have been made available on the GST portal since September 1, 2022. In brief, the government has majorly changed the following …

Taxpayers are frequently receiving notices from the tax department for variance in the amount of ITC availment in GSTR 3B as compared to their respective GSTR 2A/2B Read More »

GST PORTAL UPDATE

Latest GST News, Information, Notifications & Announcements [Period 01/10/22 to 07/10/22]

  Error Code Error Category / Form Error Message Why this error comes? Suggested Solution CM-CSCS9020 Application Issue Something seems to have gone wrong while processing your request. Please try again.If error persists quote error number {0} when you contact customer care for quick resolution This error occurs in case of an issue with the …

Latest GST News, Information, Notifications & Announcements [Period 01/10/22 to 07/10/22] Read More »