Monthly Archives: August 2021

Updating the Annual Aggregate Turnover (AATO) by taxpayers. 04/08/2021 The Annual Aggregate Turnover (AATO) has been calculated based on the returns filed by the taxpayers. The detailed advisory on calculation methodology of AATO has been specified under the ‘Advisory’ hosted at Taxpayers’ Dashboard. A functionality has been provided at the Common Portal to modify the… Read More »

Big Tension for GST Taxpayers I Non filer of GST Return CA Satbir Singh : Advisory for Taxpayers regarding Blocking of E-Way Bill (EWB) generation facility resume after 15th August, 2021. 04/08/2021 1. As you might be aware that the facility of blocking E way bill generation had been temporarily suspended due to pandemic, in… Read More »

GST Late Fees I Last Chance for non filer of GST return I I CA Satbir singh

Ministry of Finance CGST authorities bust input tax credit fraud of more than Rs 31,000 crore involving more than 7,200 cases in FY 2020-21 Posted On: 03 AUG 2021 The Goods and Services Tax authorities have unearthed over Rs 31,000 crore of tax fraud committed by misuse of input tax credit (ITC) provision under the… Read More »

Ministry of Finance GST authorities recover more than Rs 1,900 crore in tax evasion in FY 2021-22 (upto June 2021) Posted On: 03 AUG 2021 The interface for the taxpayers is on a digital platform and software-based, to be used for payment of tax and to comply with the requirements of law and procedure by… Read More »

GST Newsletter for July 2021 by T Download Click here

Ministry of Finance GST Revenue collection for July 2021 ₹ 1,16,393 crore gross GST revenue collected in July Posted On: 01 AUG 2021 The gross GST revenue collected in the month of July 2021 is ₹ 1,16,393 crore of which CGST is ₹ 22,197 crore, SGST is ₹ 28,541 crore, IGST is ₹ 57,864 crore (including ₹ 27,900 crore collected on import of… Read More »