Ministry of Finance Evasion of Customs duty of Rs. 653 crore by M/s Xiaomi Technology India Private Limited Posted On: 05 JAN 2022 4:13PM Based upon an intelligence that M/s Xiaomi Technology India Private Limited (Xiaomi India) was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence… Read More »
GSTR 3B Filing New Clarification from 1st January 2022 I CA Satbir Singh
New Tension for GSTR 3B & GSTR 1 Filer from 1st January 2022 I CA Satbir Singh Implementation of Rule-59(6), as amended, on GST Portal 03/01/2022 As per Notification No. 35/2021 – Central Tax dated 24th September 2021, clause (a) of the sub-rule (6) of Rule 59 of CGST Rules, 2017 was amended. By way… Read More »
Rs 1,29,780 crore gross GST Revenue collection for December 2021 Posted On: 01 JAN 2022 by PIB Delhi The gross GST revenue collected in the month of December 2021 is Rs 1,29,780 crore of which CGST is Rs 22,578 crore, SGST is Rs 28,658 crore, IGST is Rs 69,155 crore (including Rs 37,527 crore collected on import of goods) and cess… Read More »
Recommendations of 46th GST Council Meeting Existing GST rates in textile sector to continue beyond 1st January, 2022 Posted On: 31 DEC 2021 4:29PM by PIB Delhi The GST Council’s 46th meeting was held today in New Delhi under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. The GST Council… Read More »
Breaking NewsI GST Date Extended & New Rule Noifiied for ITC Claim and Penalty I CA Satbir Singh
GST Notification No 40/2021 Central Tax : CGST (Tenth Amendment) Rules, 2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 29th December, 2021 No. 40/2021 – Central Tax G.S.R. 902(E).—In exercise of the powers conferred by section 164 of the Central Goods and Services Tax Act,… Read More »
GST Breaking News I Aadhaar made mandatory for 3 Services I CA Satbir Singh Mandatory Aadhaar authentication for registered person 22.12.2021 The Central Government vide Notification No. 38/2021-CT dated 21.12.2021 has notified January 1, 2022 as the implementation date for Rule 10B of CGST Rules, 2017. In the said rule, it is mandatory for the… Read More »
Breaking News I New GST Changes from 1st January 2022 I Penalty, ITC claim etc I CA Satbir Singh
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 21st December, 2021 No. 39/2021–Central Tax S.O. 5328(E).— In exercise of the powers conferred by clause (b) of sub-section (2) of section 1 of the Finance Act, 2021 (13 of 2021), the Central Government hereby appoints the… Read More »