Daily Archives: September 1, 2023

Rs 1,59,069 crore gross GST revenue collected during August 2023; records 11% Year-on-Year growth

By | September 1, 2023

Ministry of Finance ₹1,59,069 crore gross GST revenue collected during August 2023; records 11% Year-on-Year growth GST Revenues from domestic transactions (including import of services) are 14% higher Year-on-Year Posted On: 01 SEP 2023 4:51PM by PIB Delhi The gross GST revenue collected in the month of August, 2023 is ₹1,59,069 crore of which CGST is ₹28,328 crore,… Read More »

Category: GST

Introducing Electronic Credit Reversal and Reclaimed statement

By | September 1, 2023

Introducing Electronic Credit Reversal and Reclaimed statement 31/08/2023 “Vide Notification No. 14/2022 – Central Tax dated 05th July, 2022 (read with circular 170/02/2022-GST, Dated 6th July,2022), the Government introduced certain changes in Table 4 of Form GSTR-3B so as to enable the taxpayers in reporting correct information regarding ITC availed, ITC reversal, ITC re-claimed and… Read More »

Category: GST

Rule 134 and form 71 for TDS Credit , CBDT Notification 73/2023

By | September 1, 2023

[Notification No. 73/2023/F. No. 370142/30/2023-TPL] MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 30th August, 2023 INCOME-TAX G.S.R. 637(E).—In exercise of the powers conferred by sub-section (20) of section 155 read with section 295 of the Income-tax Act, 1961, the Central Board of Direct Taxes, hereby makes the… Read More »