The law committee of the GST Council has proposed several changes to tighten registration through an Aadhaar-type mechanism and keep a tighter vigil on suspected wrongdoers as it seeks to check the menace of fake invoices . Although the idea is to ensure that businesses do not face difficulties, the registration process could take up to 60… Read More »
Ministry of Finance One more arrested in Hisar for issuing fake invoices of ITC by DGGI Rohtak Posted On: 24 NOV 2020 In pursuance of ongoing investigation of fraudulent passing of Input Tax Credit (ITC)wherein one person namely Sh. Satender Kumar Singla of Hisar was arrested on 12.11.2020,the Directorate General of GST Intelligence (DGGI), Regional… Read More »
Salient features of Quarterly Return filing & Monthly Payment of Taxes (QRMP) Scheme 20/11/2020 Who can opt for the scheme: Following registered person (hereinafter RP) can file quarterly returns and pay tax on monthly basis w.e.f. 01.01.2021 : An RP who is required to file Form GSTR 3B with AATO of up to Rs 5 Cr.… Read More »
GSTR 3B Quarterly Filing Option Applicability I CA Satbir Singh
Ministry of Finance Arrest of a prominent Builder in a case of availment of fraudulent Input Tax Credit of Rs. 4.86 Crore on fake invoices Posted On: 19 NOV 2020 Mumbai/Nagur, November 19, 2020 The officials of DGGI, Nashik Regional Unit of DGGI, Nagpur Zonal Unit arrested a prominent builder of Nashik in an ongoing investigation… Read More »
GST Registration process to be changed : GST Council Law Commitee Meeting update 18.11.2020 The Centre and states are looking to further tighten the GST registration process and legal measures to deal with the rising cases of fake invoicing. A meeting of the law committee of the GST Council has been convened on Wednesday to… Read More »
Ministry of Finance Inter State Fake Invoice racket with fake transactions valued at over Rs. 131 Crore value busted by DGGI involving fraudulent Input Tax credit of Rs. 26.09 Crore Posted On: 18 NOV 202 Nagpur, 18 November 2020 An Inter State fake invoice racket with fake transactions valued at over Rs. 131 Crore involving 3 Taxpayers,… Read More »
Updates on e-invoicing 17/11/2020 From 1-1-2021, Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding Rs. 100 Cr. (in any preceding financial year from 2017-18 onwards). To view the updates on e-invoice – enablement, testing, help options & resources, please CLICK HERE. – Team GSTN
GST New Change if GST return not filed I CA Satbir Singh
10 New Functions on GST Portal I CA Satbir Singh