Over 5.4 lakh businesses risk losing GST registration for defaults
About 25,000 businesses who missed filing Goods and Services Tax (GST) return in November will get text messages and emails from tax authorities urging […]
GST Recent News, News
Notification And Circular, Notification and Circular
Waiver of penalty for non-compliance of QR Code provisions during Dec 2020 to March 2021 if complied from April 1, 2021
The CBIC vide Notification No. 89/2020 – Central Tax dated November 29, 2020 has waived the penalty leviable under Section 125 of
GST Recent News, Important News
GSTN: Online facility of Form GST EWB 05 by taxpayer un-blocking of E-Way Bill (EWB) generation facility
In terms of Rule 138E (a) and (b) of the CGST Rules, 2017, the E-Way Bill (EWB) generation facility of
News
India’s Q2 GDP contracts by 7.5%, shows strong recovery from Q1’s 23.9% degrowth
India’s economy witnessed significant improvement in the July- September quarter over the April-June quarter as gross domestic product (GDP) contracted
GST Recent News, News
GST officers arrest one for Rs 129 crore tax evasion through illegal manufacture, supply of cigarettes
Officers of GST investigation arm DGGI have arrested a Haryana resident on charges of manufacturing and supplying cigarettes illegally and
Notification And Circular, Notification and Circular
CBIC issued clarification on export of Gems and Jewellery through courier mode
CBIC vide Circular No. 52/2020-Customs dated November 27, 2020 issued clarification on export of Gems and Jewellery through courier mode. Representations have been
Press Release, Press Release
Punjab chooses Option-1 to meet the GST implementation shortfall
The governments of Punjab has communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The
GST Recent News, News
Punjab: Directorate General of GST Intelligence arrests Rs 1,600 crore bogus billing kingpin
In perhaps one of the biggest cases of bogus billing busted in recent times, a leading businessman of Mansa in
Notification And Circular, Notification and Circular
CBIC issued Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration
CBIC vide Instruction No. 4/3/2020-GST dated November 27, 2020 issued Standard Operating Procedure (SOP) for verification of taxpayers granted deemed registration.
News
Ease of doing biz: More minor offences to be decriminalised
After decriminalising minor offences under the Companies Act, the Narendra Modi government has embarked on reducing the risk of imprisonment for omissions