Input tax credit fraud: GST notice to Swiggy operator
Director General of GST Intelligence (DGGI), Hyderabad, has served a show-cause notice on Bundl Technologies Private Limited (BTPL), which operates […]
GST Recent News
Notification And Circular, Notification and Circular
CBIC issued instructions to regulate the export of sugar under OGL in 2021-22
The CBIC vide Instruction No. 07/2022-Customs dated May 31, 2022 issued regulations w.r.t. requirement of producing specific permission by the
Notification And Circular, Notification and Circular
CBIC issued manual processing of declarations filed by the co-noticees under SVLDRS
The CBIC vide Instruction F.No.267/55/2020-CX.8/Pt-I dated May 30, 2022 has issued the manual processing of declarations filed by the co-noticees
Notification And Circular, Notification and Circular
CBIC extended exemption from deposits in ECL for specified goods u/s 51A(4) of the Customs Act exemption from June 01, 2022 to November 30, 2022
Background: The CBIC vide Notification No. 19/2022-Customs (N.T.) dated March 30, 2022 exempted the following deposits under Section 51A(4) of
Press Release, Press Release
₹1,40,885 crore gross GST Revenue collection for May 2022; increase of 44% YoY
The gross GST revenue collected in the month of May 2022 is ₹1,40,885 crore of which CGST is ₹25,036 crore, SGST is ₹32,001 crore, IGST is ₹73,345 crore (including ₹
Notification and Circular, Notification And Circular
Haryana GST Dept. issued instructions w.r.t. processing of applications for registration in FORM GST REG 01
The Haryana GST Department issued instructions vide Memo No. 367/GST-2 dated May 24, 2022 regarding the processing of applications for
Important News
GSTN added 6% tax rate in GSTR-1 on the GST Portal
The Goods and Services Tax Network (“GSTN”) added the 6% tax rate in the item details section of all the
Press Release, Press Release
India’s Textiles Exports highest ever in FY 2021-22, Cross US$ 44 Bn
India scaled its highest ever exports tally at US$ 44.4 Bn in Textiles and Apparel (T&A) including Handicrafts in FY
Notification And Circular, Notification and Circular
CBIC exempts from maintaining deposits in ECL under Customs Act w.e.f. June 01, 2022 upto November 29, 2022
Background: Section 51A of the Customs Act, 1962 (“the Customs Act”) requires every assessee to maintain Electronic Cash Ledger (“ECL”)
Press Release, Press Release
Govt. orders for physical verifications of all documents to ensure strict compliance of provisions in wheat export registration process
The Directorate General of Foreign Trade has directed Regional Authorities to physically verify all documents of applicants for export of