Category: GST Intelligence

2nd National GST Conference held for streamlining GST system

January 8, 2020 Chandan Tiwari No Comments

The 2nd National GST Conference of the Commissioners of State Tax and Chief Commissioners of Central Tax was held here today under the chairmanship of Dr Ajay Bhushan Pandey, Revenue Secretary, Ministry of Finance. The multi-faceted Conference was focused on brainstorming session for streamlining Goods and Services Tax (GST) system and plugging revenue leakages. This…

Government Business, GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Income Tax, Media, MSME

GST Revenue Collection of the month of December 2019 ₹ 1,03,184 Crore

January 2, 2020 Chandan Tiwari No Comments

The gross GST revenue collected in the month of December, 2019 is ₹ 1,03,184 crore of which CGST is ₹ 19,962 crore, SGST is ₹ 26,792 crore, IGST is ₹ 48,099 crore (including ₹ 21,295 crore collected on imports) and Cess is ₹ 8,331 crore (including ₹ 847 crore collected on imports). The total number of GSTR 3B Returns filed for the month of November up to…

Government Business, GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Media, MSME

Anti-Evasion wing of CGST Delhi detects GST fraud of Rs 241 crores, one held

December 28, 2019 Chandan Tiwari No Comments

The Anti-Evasion wing of CGST Delhi South Commissionerate has discovered here today yet another case of fake invoicing and GST fraud alongside a new modus operandi of defrauding the exchequer by exploiting the facility of refunds given for inverted duty structure. Over 120 entities who are involved in the transactions have come to light so…

GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Media

38th GST Council’s decisions o GST Rate

December 23, 2019 Chandan Tiwari No Comments

The 38th meeting of the GST Council met under the Chairmanship of the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today. The meeting was also attended by the Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of Ministry…

Government Business, GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Media, MSME

GST Council meeting of 38th for Presentation of GST Revenue Trends

December 21, 2019 Chandan Tiwari No Comments

Budget 2019, Government Business, GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Media

GST Collection exceeds 1 Lakh Cr in Nov. 2019

December 2, 2019 Chandan Tiwari No Comments

The gross GST revenue collected in the month of November, 2019 is Rs 1,03,492 crore of which CGST is Rs 19,592crore, SGST is Rs 27,144crore, IGST is Rs 49,028crore (including Rs 20,948crore collected on imports) and Cess is Rs7,727 crore (including Rs 869 crore collected on imports). The total number of GSTR 3B Returns filed for the month of Octoberup to 30th November, 2019 is 77.83 lakh. The government has settled Rs…

Government Business, GST, GST Advance Ruling Authority, GST Intelligence, Media

The notified GST Revenue collection for June 2019 is at Rs. 99,939 crore.

November 26, 2019 Chandan Tiwari No Comments

The finance ministry showcases Goods and Services Tax which has been registered for a certain amount in the month of June 2019. It has been proven that the growth was sluggish in comparison to Rs. 1,00,289 crore in May 2019. When it comes to June, the collection has been higher than Rs 95,610 crore that…

GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust

The guidelines updated by Government of India for credit given to MSMEs.

November 25, 2019 Chandan Tiwari No Comments

The Indian Government has issued certain guidelines in its campaign of MSME support & Outreach where it has asked all the head of the departments of public sector banks to do the detail analysis of issues and progress done in the credit facility that are faced by MSMEs. The main effort of the Government is…

Government Business, GST Advance Ruling Authority, GST Intelligence, MCA, Society & NGO

Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) arrests two businessmenin a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods

September 20, 2018 Chandan Tiwari No Comments

Gurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) arrests two businessmenin a case of fraudulent issuance of Input Tax Credit (ITC) invoices without actual supply of goods, involving evasion of approximately Rs. 79.21 crore on the taxable value of concocted supplies of Rs.450 crore. Gurugram Zonal Unit of the Directorate General…

DGGI, GST, GST Intelligence, Media

Understanding the GST E-Way Bill – How Will It Work?

December 27, 2017October 26, 2022 Chandan Tiwari No Comments

Under the newly introduced GST regime, the transporters are required to carry an electronic or e-way bill at the time of moving the goods from one location to another. It is a mandatory requirement and the transporters, consignors, and consignees must comply with it. This is an online version of the earlier accepted Way Bill…

GST, GST Advance Ruling Authority, GST E-Way Bill, GST Filing, GST Intelligence, GST On Trust, GST Rates, GST Registration, GST Revenue Collection, GSTR-1, GSTR-3B, ICSI, IGST, Marketing, Media