Goods and Services Tax

Goods and Services Tax – GST Dated:- 13-9-2023 – News – Dear Taxpayers, 1. It is to inform you that it has been decided by the Government to impose a time limit on reporting old invoices on the e-invoice IRP portals for taxpayers with AATO greater than 100 crores. 2. To ensure timely compliance, taxpayers in this category will not be allowed to report invoices older than 30 days on the date of reporting. 3. Please note that this restriction will apply to the all document ty

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Goods and Services Tax – GST Dated:- 1-9-2023 – News – GST Revenues from domestic transactions (including import of services) are 14% higher Year-on-Year The gross GST revenue collected in the month of August, 2023 is ₹1,59,069 crore of which CGST is ₹28,328 crore , SGST is ₹35,794 crore , IGST is ₹83,251 crore (including ₹43,550 crore collected on import of goods) and Cess is ₹11,695 crore (including ₹1,016 crore collected on import of goods). The government has settled ₹37,581 crore to CGST and ₹31,408 crore to SGST from IGST. The total revenue of Centre and the States in the month of August, 2023 after regular settlement is ₹65,909 crore for CGST and ₹67,202 crore for the SGST. The revenues for the month of August, 2023 are 11% higher than the GST revenues in the same month last year. During the month, revenue from import of goods was 3% higher and the revenues from domestic transactions (includ

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1813 10 Chandigarh 179 192 7 Uttarakhand 1094 1353 24 Haryana 6772 7666 13 Delhi 4349 4620 6 Rajasthan 3341 3626 9 Uttar Pradesh 6781 7468 10 Bihar 1271 1379 9 Sikkim 247

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4 Jharkhand 2595 2721 5 Odisha 3884 4408 14 Chhattisgarh 2442 2896 19 Madhya Pradesh 2814 3064 9 Gujarat 8684 9765 12 Daman and Diu and Dadra and Nagar Haveli 311 324 4 Maharashtra 18863 23282 23 Karnataka

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3173 3479 10 Ladakh 19 27 39 Other Territory 224 184 (18) Center Jurisdiction 205 193 (6) Grand Total 100526 114503 14 Table-2: Amount of SGST SGST portion of IGST settled to States/UTs in August, 2023 (Rs. In crore) State/UT SGST collection SGST portion of IGST Total Jammu and Kashmir 220 420 640

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1,336 1,990 Sikkim 42 43 85 Arunachal Pradesh 40 100 140 Nagaland 23 59 82 Manipur 21 62 83 Mizoram 17 54 72 Tripura 36 84 120 Meghalaya 50 86 136 Assam 440 691 1,131 West Bengal 1,797

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5,656 Goa 174 111 285 Lakshadweep 0 2 2 Kerala 1,035 1,437 2,472 Tamil Nadu 3,301 2,212 5,513 Puducherry 43 51 94 Andaman and Nicobar Islands 10 22 33 Telangana 1,439 1,746 3,186 Andhra Pradesh 1,122 1,481 2,603 Ladakh

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Goods and Services Tax – GST Dated:- 1-9-2023 – News – Vide Notification No. 14/2022 Central Tax dated 05th July, 2022 (read with circular 170/02/2022-GST, Dated 6th July,2022 ), the Government introduced certain changes in Table 4 of Form GSTR-3B so as to enable the taxpayers in reporting correct information regarding ITC availed, ITC reversal, ITC re-claimed and ineligible ITC. The re-claimable ITC earlier reversed in Table 4(B)2 may be subsequently claimed in Table 4(A)5 on fulfilme

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Goods and Services Tax – GST Dated:- 29-8-2023 – News – Dear Taxpayers, 1. Rule 8 of CGST Rules had been amended to provide that those applicants who had opted for authentication of Aadhaar number and identified on the common portal, based on data analysis and risk parameters, shall be placed for biometric-based Aadhaar authentication and taking photograph(s) of the applicant. 2.Pilot for implementation of the above change is ready and the functionality is ready for roll out by GSTN portal. This functionality is being launched in Puducherry from 30th August, 2023 in the pilot phase. After submission of application in Form GST REG-01 and before generation of ARN, the applicant will either get the message for visiting GST

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Goods and Services Tax – GST Dated:- 26-8-2023 – News – Dear Consumers /users, 1.As per the direction from the Government, the GSTN has developed and launched a mobile application (available on iOS and Android platforms) and also a web portal for the Mera Bill Mera Adhikaar scheme. 2.This scheme will be implemented from 1st September, 2023 initially in the States of Gujarat, Assam, Haryana and UTs of Puducherry and Daman Diu and Dadra Nagar Haveli, as per the policy decision of the Government. 3. Mobile Application and Web Portal: The mobile application is available for download on both iOS and Android platforms and links are given below. a. Android Link: https://play.google.com/store/

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Goods and Services Tax – GST Dated:- 18-8-2023 – News – Dear Taxpayers, GSTN has prepared an informative resource in the form of an e-invoice glossary and a step-by-step guide for your reference. You can access and download the PDF document by clicking on the link below: 1.E-Invoice Glossary: https://tutorial.gst.gov.in/downloads/news/pamphlet_e_invoicing_glossary_updated_17_08_2023_approved_final.pdf 2.Step by Step Guide: https://tutorial.gst.gov.in/downloads/news/pamphlet_e_i

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Goods and Services Tax – GST Dated:- 12-8-2023 – News – AS INTRODUCED IN LOK SABHA Bill No. 120 of 2023 THE INTEGRATED GOODS AND SERVICES TAX (AMENDMENT) BILL, 2023 A BILL further to amend the Integrated Goods and Services Tax Act, 2017. BE it enacted by Parliament in the Seventy-fourth Year of the Republic of India as follows : Short title and commencement. 1. (1) This Act may be called the Integrated Goods and Services Tax (Amendment) Act, 2023. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. Amendment of section 2. 2. In section 2 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017) (hereinafter referred to as the principal Act), in clause (17), for sub-clause (vii), the following sub-clause shall be substituted, namely: (vii) online gaming, excluding the online money gaming as defined in clause (80B) of section 2 of the Central Go

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he invoice shall be deemed to be the recording of the address of the said person; . Insertion of new section 14A. 5. After section 14 of the principal Act, the following section shall be inserted, namely: Special provision for specified actionable claims supplied by a person located outside the taxable territory. 14A. (1) A supplier of online money gaming as defined in clause (80B) of section 2 of the Central Goods and Service Tax Act, 2017 (12 of 2017.), not located in the taxable territory, shall in respect of the supply of online money gaming by him to a person in the taxable territory, be liable to pay integrated tax on such supply. (2) For the purposes of complying with provisions of sub section (1), the supplier of online money gaming shall obtain a single registration under the Simplified Registration Scheme referred to in sub-section (2) of section 14 of this Act: Provided that any person located in the taxable territory representing such supplier f

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ervice Tax Council (GST Council) in its 50th and 51st meetings considered representation from various associations on the issues regarding taxability of Casinos, Horse Racing and Online Gaming and recommended to make certain amendments in the Integrated Goods and Services Tax Act, 2017 (the Act) to provide clarity regarding taxability of Casinos, Horse Racing and Online Gaming. 2. The proposed Integrated Goods and Services Tax (Amendment) Bill, 2023, inter alia, provides to (i) amend clause (17) of section 2 of the Act to exclude online money gaming from the definition of Online Information and Data Access or Retrieval (OIDAR) services; (ii) amend the proviso to sub-section (1) of section 5 of the Act, to provide that in case of import of such goods, that may be notified by the Government on the recommendations of the GST Council, the levy of Integrated Goods and Services Tax (IGST) may not be required to be done in accordance with the provisions of section 3 of the Customs T

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osted in any computer resource used for supply of online money gaming by such supplier in case of failure to comply with provisions of registration and payment of tax in such manner as specified in the Information Technology Act, 2000. 3. The Bill seeks to achieve the above objectives. NIRMALA SITHARAMAN. New Delhi; The 9th August, 2023. FINANCIAL MEMORANDUM The proposed Integrated Goods and Services Tax (Amendment) Bill, 2023 does not involve any recurring or non-recurring expenditure from and out of the Consolidated Fund of India. ANNEXURE EXTRACTS FROM THE INTEGRATED GOODS AND SERVICES TAX ACT, 2017 (13 OF 2017) Definitions. 2. In this Act, unless the context otherwise requires, * * * * * (17) online information and database access or retrieval services means services whose delivery is mediated by information technology over the internet or an electronic network and the nature of which renders their supply essentially automated

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Goods and Services Tax – GST Dated:- 12-8-2023 – News – AS INTRODUCED IN LOK SABHA Bill No. 119 of 2023 THE CENTRAL GOODS AND SERVICES TAX (AMENDMENT) BILL, 2023 A BILL further to amend the Central Goods and Services Tax Act, 2017. BE it enacted by Parliament in the Seventy-fourth Year of the Republic of India as follows: Short title and commencement. 1. (1) This Act may be called the Central Goods and Services Tax (Amendment) Act, 2023. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint: Provided that different dates may be appointed for different provisions of this Act and any reference in any such provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision. Amendment of section 2. 2. In section 2 of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as the principal Act),

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(c) in clause (105), the following proviso shall be inserted at the end, namely: Provided that a person who organises or arranges, directly or indirectly, supply of specified actionable claims, including a person who owns, operates or manages digital or electronic platform for such supply, shall be deemed to be a supplier of such actionable claims, whether such actionable claims are supplied by him or through him and whether consideration in money or money's worth, including virtual digital assets, for supply of such actionable claims is paid or conveyed to him or through him or placed at his disposal in any manner, and all the provisions of this Act shall apply to such supplier of specified actionable claims, as if he is the supplier liable to pay the tax in relation to the supply of such actionable claims; ; (d) after clause (117), the following clause shall be inserted, namely: (117A) virtual digital asset shall have the same meaning as assigned to it in clause (4

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nsidered representation from various associations on the issues regarding taxability of Casinos, Horse Racing and Online Gaming and recommended to make certain amendments in the Central Goods and Services Tax Act, 2017 (the Act) to provide clarity regarding taxability of Casinos, Horse Racing and Online Gaming. 2. The proposed Central Goods and Services Tax (Amendment) Bill, 2023, inter alia, provides to (i) define the expressions online gaming , online money gaming , specified actionable claim and virtual digital asset ; (ii) insert a proviso in the definition of supplier to provide clarity regarding supplier in case of supply of specified actionable claim ; (iii) substitute specified actionable claim in paragraph 6 of Schedule III of the Act, for the present entries lottery, betting and gambling , so as to provide clarity regarding taxability of actionable claims involved in or by way of casinos, horse racing and online gaming; and (iv) insert a new claus

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Goods and Services Tax – GST Dated:- 5-8-2023 – News – To access the detailed advisory, please follow the link below. This will allow you to download the advisory in PDF format. https://tuto

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Goods and Services Tax – GST Dated:- 3-8-2023 – News – GST Council recommends certain amendments in CGST Act 2017 and IGST Act 2017, including amendment in Schedule III of CGST Act, 2017, to provide clarity on taxation of supplies in casinos, horse racing and online gaming GST Council also recommends inserting a specific provision in IGST Act, 2017 to provide for liability to pay GST on supplier located outside India supplying online money gaming to a person in India GST Council recommends GST on valuation of supply of online gaming and actionable claims in casinos at entry level 2 nd August 2023 The 51 st GST Council met under the Chairpersonship of Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman

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r . Accordingly, the GST Council in its 51 st meeting recommended certain amendments in the CGST Act 2017 and IGST Act 2017, including amendment in Schedule III of CGST Act, 2017 , to provide clarity on the taxation of supplies in casinos, horse racing and online gaming. The Council also recommended to insert a specific provision in IGST Act, 2017 to provide for liability to pay GST on the supply of online money gaming by a supplier located outside India to a person in India, for single registration in India for the said supplier through a simplified registration scheme and also for blocking of access by the public to any information generated, transmitted, received or hosted in any computer resource used for supply of onli

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Goods and Services Tax – GST Dated:- 1-8-2023 – News – Gross GST collection crosses ₹1.6 lakh crore mark for 5th time since inception of GST Revenues from domestic transactions (including import of services) are 15% higher Year-on-Year The gross GST revenue collected in the month of July, 2023 is ₹1,65,105 crore of which CGST is ₹29,773 crore , SGST is ₹37,623 crore , IGST is ₹85,930 crore (including ₹ 41,239 crore collected on import of goods) and cess is ₹11,779 crore (including ₹ 840 crore collected on import of goods). The government has settled ₹39,785 crore to CGST and ₹33,188 crore to SGST from IGST. The total revenue of Centre and the States in the month of July 2023 after regular settlement is ₹69,558 crore for CGST and ₹70,811 crore for the SGST. The revenues for the month of July 2023 are 11% higher than the GST revenues in the same month last year. During the month, the revenues

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3 2000 15 Chandigarh 176 217 23 Uttarakhand 1390 1607 16 Haryana 6791 7953 17 Delhi 4327 5405 25 Rajasthan 3671 3988 9 Uttar Pradesh 7074 8802 24 Bihar 1264 1488 18 Sikkim 249 314 26 Arunachal Pradesh 65 74 13 Nagaland 42 43 3

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7 Daman and Diu 313 354 13 Dadra and Nagar Haveli Maharashtra 22129 26064 18 Karnataka 9795 11505 17 Goa 433 528 22 Lakshadweep 2 2 45 Kerala 2161 2381 10 Tamil Nadu 8449 10022 19 Puducherry 198 216 9 Andaman and Nicobar Islands 23 31 32 Telangana 4547 4849

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Punjab 727 1138 1865 Chandigarh 57 133 190 Uttarakhand 415 210 625 Haryana 1610 1256 2866 Delhi 1221 1606 2827 Rajasthan 1380 1819 3199 Uttar Pradesh 2751 3426 6176 Bihar 718 1469 2187 Sikkim 30 53 83 Arunachal Pradesh 37 113

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Madhya Pradesh 1045 1581 2626 Gujarat 3293 1917 5210 Dadra and Nagar Haveli and Daman and Diu 56 29 85 Maharashtra 7958 4167 12124 Karnataka 3181 2650 5831 Goa 173 146 320 Lakshadweep 2 13 14 Kerala 1093 1441 2534 Tamil Nadu 3300 2119 5419 Puducherry 41

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Goods and Services Tax – GST Dated:- 1-8-2023 – News – The monthly average gross GST collection for the FYs 2021-22 2022-23 have shown 30% and 22% year on year growth respectively. This was stated by Union Minister for State for Finance Shri Pankaj Chudhary in a written reply to a question in Lok Sabha. The details of gross Goods and Services Tax collection on supply of goods and services (Domestic + Imports) for the FY 2020-21, 2021-22 2022-23 are as under: (Rs. In crore) FY Collection Average monthly collection 2020-21 11,36,805 94,734 2021-22 14,83,291 1,23,608

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Goods and Services Tax – GST Dated:- 27-7-2023 – News – The Meerut Zonal Unit of Directorate General of GST Intelligence (DGGI) unearthed two major fake billing rackets involving 246 shell/fake entities, which have passed on fraudulent ITC of Rs. 557 crore. In this matter till date, three key operatives have been arrested. One of this racket had close nexus with fake firms unearthed by Noida Police in June, 2023. Taking clue from the Noida Police case and based on extensive data mining coupled with human intelligence, 2 major syndicates, being operated by masterminds Mr. Anand Kumar Mr. Ajay Kumar, involved in creating and operating fake shell entities have been busted. Several documents related to fake firms like forged stamps, deb

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icated the involvement of bank officials in opening of the bank accounts in the name of fake firms. These 2 syndicates have issued invoices having taxable turnover of Rs. 3,142 crore involving ITC of Rs. 557 crore through 246 fake firms to more than 1,500 beneficiary firms . Major beneficiary firms are located in Delhi and others are spread across 26 other states. Mr. Vikram Jain, Proprietor of one such beneficiary firm, has also been arrested during the investigation. All the three accused were produced before Economic Offence Court, Meerut on 26.07.2023 and have been remanded for judicial custody till 08.08.2023. – News – Press release – PIB Tax Management India – taxmanagementindia – taxmanagement – taxmanagementindia.com – T

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Goods and Services Tax – GST Dated:- 24-7-2023 – News – Dear Taxpayers, 1.GSTN is pleased to inform you that the e-Invoice Exemption Declaration functionality is now live on the e-Invoice portal. This functionality is specifically designed for taxpayers who are by default enabled for e-invoicing but are exempted from implementing it under the CGST (Central Goods and Services Tax) Rules . 2. Salient features of this functionality are: a. The e-Invoice Exemption Declaration

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Goods and Services Tax – GST Dated:- 14-7-2023 – News – For creating awareness amongst all the stakeholders, GSTN is holding webinars on DRC-01B online functionality for liability mismatch as per details given below: Webinar Topic DRC-01B online functionality for liability mismatch Language of webinar Hindi Marathi Tamil Date 17-07-2023 20-07-2023 24-07-2023 Day Monday Thursday Monday Time 11:30 AM 12:30 PM

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Goods and Services Tax – GST Dated:- 11-7-2023 – News – GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value GST Council recommends notification of GST Appellate Tribunal by the Centre with effect from 01.08.2023 GST Council recommends exemption of cancer-related drugs, medicines for rare diseases and food products for special medical purposes from GST tax Recommends bringing down rates from 18 percent to 5 percent on 4 items – Uncooked, unfried extruded snack palettes, fish soluble paste, LD slag to be at par with blast furnace slag, and imitation zari thread GST Council also recommends several measures for streamlining compliances in GST The 50 th meeting of the Goods and Services Tax (GST) Council was held here today, under the chairpersonship of the Union Finance Corporate Affairs Minister Smt. Nirmala Sitharaman. To mark the milestone of 50th meeting of the GST Council, Chairperson

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riod on as is basis . B. Other changes relating to goods 1. It has been decided to exempt IGST on Dinutuximab (Quarziba) medicine when imported for personal use. 2. It has been decided to exempt IGST on medicines and Food for Special Medical Purposes (FSMP) used in the treatment of rare diseases enlisted under the National Policy for Rare Diseases, 2021 when imported for personal use subject to existing conditions. Similarly, IGST exemption is also being extended to FSMP when imported by Centres of Excellence for Rare Diseases or any person or institution on recommendation of any of the listed Centres of Excellence. 3. It has been decided to clarify that supply of raw cotton, including kala cotton, by agriculturists to cooperatives is taxable under reverse charge mechanism and to regularise issues relating for the past period on as is basis . 4. It has been decided to reduce GST on imitation zari thread or yarn known by any name in trade parlance from 12% to 5% and

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on as is basis . 9. It has been decided to regularise the matters relating to dessicated coconut for the period 1.7.2017 to 27.7.2017 on as is basis in view of genuine interpretational issues. 10. It has been decided that on pan masala, tobacco products etc, where it is not legally required to declare the retail sale price, the earlier ad valorem rate as was applicable on 31st March 2023 may be notified in order for levy of Compensation Cess. 11. It has been decided to include RBL Bank and ICBC bank in the list of specified banks for which IGST exemption is available on imports of gold, silver or platinum and update the list of banks /entities eligible for such IGST exemption as per Annexure 4B (HBP) of Foreign Trade Policy 2023 . 12. Consequential changes in notifications may be carried out in view of new Foreign Trade Policy 2023. 13. It has been decided to regularise the issues relating to GST on plates and cups made of areca leaves prior to 01.10.2019. 14. I

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e option by GTAs to pay GST under forward charge shall be 31 st March of preceding Financial Year instead of 15 th March. 1 st January of preceding Financial Year shall be the start date for exercise of option. It has been decided to clarify that services supplied by a director of a company to the company in his private or personal capacity such as supplying services by way of renting of immovable property to the company or body corporate are not taxable under RCM. Only those services supplied by a director of company or body corporate, which are supplied by him as or in the capacity of director of that company or body corporate shall be taxable under RCM in the hands of the company or body corporate under notification No. 13/2017-CTR (Sl. No. 6) dated 28.06.2017. It has been decided to clarify that supply of food and beverages in cinema halls is taxable as restaurant service as long as (a) they are supplied by way of or as part of a service and (b) supplied independently of

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at 28% on the full-face value of bets placed or on the GGR, the GST Council may decide. The GST Council has deliberated on the issues and has recommended the following: Suitable amendments to be made to law to include online gaming and horse racing in schedule III as taxable actionable claims. All three namely Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28%. Tax will be applicable on the face value of the chips purchased in the case of casinos, on the full value of the bets placed with bookmaker/totalisator in the case of Horse Racing and on the full value of the bets placed in case of the Online Gaming. Measures for facilitation of trade: Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2023: The Council has recommended the Rules governing appointment and conditions of President and Members of the proposed GST Appellate Tribunal for enabling smooth const

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Y 2022-23 also. The Council has recommended to clarify through a circular that Input Services Distributor (ISD) mechanism is not mandatory for distribution of input tax credit of common input services procured from third parties to the distinct persons as per the present provisions of GST law, and also to clarify issues regarding taxability of internally generated services provided by one distinct person to another distinct person. The Council has also recommended that amendment may be made in GST law to make ISD mechanism mandatory prospectively for distribution of input tax credit of such common input services procured from third parties. Circular to be issued to provide clarity on various issues pertaining to the GST liability as well as the liability to reverse input tax credit in cases involving warranty replacement of parts and repair services during warranty period without any consideration from the customers, clarifying inter alia that no GST is chargeab

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ices, as the case may be, is made after the time limit provided under rule 96A of CGST Rules, 2017 . Circular to be issued to provide clarification regarding TCS liability under Sec 52 of the CGST Act, 2017 in cases where multiple E-commerce Operators (ECOs ) are involved in a single transaction of supply of goods or services or both. To ease compliance burden of the taxpayers, clause (f) of rule 46 of CGST Rules, 2017 to amended to provide for requirement of only name of the State of the recipient, and not the name and full address of the recipient, on the tax invoice in cases of supply of taxable services by or through an ECO or by a supplier of OIDAR services to an unregistered recipient. Issuance of the following circulars in order to remove ambiguity and legal disputes on various issues, thus benefiting taxpayers at large : Clarifying that the registered person, whose turnover exceeds the prescribed threshold for generation of e-invoicing

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Circular No. 183/15/2022-GST dated 27 th December, 2022 was issued to provide for the procedure for verification of input tax credit in cases involving difference in Input Tax Credit availed in FORM GSTR-3B vis a vis that available as per FORM GSTR-2A during FY 2017-18 and 2018-19 . To provide further relief to the taxpayers, the Council recommended for further issuance of a circular to provide for similar procedure for verification of input tax credit in cases involving difference in Input Tax Credit availed in FORM GSTR-3B vis a vis that available as per FORM GSTR-2A during the period 01.04.2019 to 31.12.2021 . Special procedure to be provided under section 148 of CGST Act, 2017 to enable manual filing of appeal against the orders passed by proper officers in respect of TRAN-1/ TRAN-2 claims of the registered persons, filed in pursuance of the directions of Hon ble Supreme Court in case of the Union of India v/s Filco Trade Centre Pvt. Ltd. Rule 1

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nder chapter 71, the Council has recommended to insert rule 138F in CGST Rules, 2017 , as well as in SGST Rules, 2017 of the States, who want to mandate the requirement of generation of e-way bills for intra-State movement of gold and precious stones under Chapter 71 within their States. In accordance with the recommendations of the Group of Ministers (GoM) on Capacity based taxation and Special Composition Scheme approved by the Council in 49 th meeting, the Council has made the following recommendations: issuance of notification under section 148 of CGST Act, 2017 prescribing a special procedure to be followed by the manufacturers of tobacco, pan masala other similar items inter alia for registration of machines and for filing of special monthly returns; insertion of section 122A in CGST Act, 2017 providing for special penalty for non-registration of machines by such manufacturers; provisions of section 123 of Finance Act, 2021

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gistered persons who do not furnish the details of valid bank account under rule 10A with the time period prescribed under the said rule. Insertion of 3 rd proviso in rule 21A(4 ) to provide for automatic revocation of such system-based suspension upon compliance with provisions of rule 10A. Amendment in rule 59(6) to provide that where a registered person has not furnished details of a valid bank account under rule 10A, the said registered person may not be allowed to furnish the details of outward supplies in FORM GSTR-1 or using IFF. Amendment in rule 9 and rule 25 to do away with the requirement that the physical verification of business premises is to be conducted in the presence of the applicant and also to provide for physical verification in high risk cases even where Aadhaar has been authenticated. Pilot to be conducted in U.T. of Puducherry for risk-based biometric-based Aadhaar authentication of registration applicants. The State of Andhra Pr

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registered person. Mechanism to deal with differences in ITC between FORM GSTR-2B and FORM GSTR-3B : The Council has recommended a mechanism for system-based intimation to the taxpayers in respect of the excess availment of ITC in FORM GSTR-3B vis a vis that made available in FORM GSTR-2B above a certain threshold, along with the procedure of auto-compliance on the part of the taxpayers, to explain the reasons for the said difference or take remedial action in respect of such difference. For this purpose, rule 88D and FORM DRC-01C to be inserted in CGST Rules, 2017 , along with an amendment in rule 59(6) of CGST Rules, 2017 . This will help in reducing ITC mismatches and misuse of ITC facility in GST. To improve discipline in filing of annual returns, FORM GSTR-3A to be amended to provide for issuance of notice to the registered taxpayers for their failure to furnish Annual Return in FORM GSTR-9 or FORM GSTR-9A by due date. Rule 64 and

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ered persons available on the common portal with other systems. The Council has also recommended issuance of a notification under section 158A of CGST Act, 2017 for notifying Account Aggregators as the systems with which information is to be shared by the common portal. The Council has recommended insertion of a clause (ca) in sub-section (1) of section 10 of the I GST Act, 2017 to clarify the place of supply in respect of supply of goods to unregistered persons. The GST Council has recommended to form a State level coordination Committee comprising of GST officers from both State and Central GST administrations for knowledge sharing on GST matters and coordinated efforts towards administrative and preventive measures. The 2nd interim report of the Group of Ministers (GoM) on IT System Reforms was also discussed by the Council. The GoM has recommended various measures to curb frauds in GST through System based measures for strengthening registration process

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Goods and Services Tax – GST Dated:- 8-7-2023 – News – Dear Taxpayers, GSTN is pleased to inform that the functionality for geocoding the principal place of business address is now live for all States and Union territories. This feature, which converts an address or description of a location into geographic coordinates, has been introduced to ensure the accuracy of address details in GSTN records and streamline the address location and verification process. GSTN has successfully geocoded more than 1.8 crore addresses of principal places of business. Furthermore, all new addresses post-March 2022 are geocoded at the time of registration itself, ensuring the accuracy and standardization of address data from the outset. H

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after logging into the portal. Please note that this will not change your existing addresses. 4. One-time Activity: The geocoding link will not be visible on the portal once the geocoding details are submitted by you. This is a one-time activity, and once submitted, revision in the address is not allowed. The functionality will not be visible to the taxpayers who have already geocoded their address through new registration or core amendment. Please note that the address appearing on the registration certificate can be changed only through the core amendment process. This geocoding functionality would not impact the previously saved address record. 5. Availability: This functionality is available for normal, compositi

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Goods and Services Tax – GST Dated:- 5-7-2023 – News – For creating awareness amongst all the stakeholders, GSTN is holding webinars on DRC-01B online functionality for liability mismatch as per details given below: Webinar Topic DRC-01B online functionality for liability mismatch Language of webinar English Date 07-07-2023 Friday Time 11:30 AM Speaker

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Goods and Services Tax – GST Dated:- 3-7-2023 – News – Sixth GST Day with vision GST@6 सरलीकृत कर, समग्र विकास celebrated at New Delhi Union Finance Minister Smt. Nirmala Sitharaman presides over as Chief Guest on the completion of 6 years of the GST Finance Minister: GST is embroidery that stitches diversity of Indian markets into the fabric of economic progress GST Council meetings shining examples of cooperative federalism: Finance Minister Finance Minister calls taxpayers co-equal and main force driving the GST success story CBIC honours 50,000 taxpayers and officers contributing to the GST success story 24 officers awarded with commendation certificate on GST Day, 2023 The 6th Goods and Services Tax (GST) Day was celebrated here today with the vision GST@6 सरलीकृत कर, सम&#23

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The Finance Minister recalled the fragmented state of Indirect Tax System in India where every state was effectively a distinct market. Multiple Tax Rates laws and procedures, cascading of taxes and check posts at every inter-state border were all burdens on taxpayer as well as common man. Smt. Sitharaman particularly emphasised the positive impact of GST on consumers by reducing their tax burden and recalled that on many common use items, tax incidence under GST has become lower as compared to Pre GST rates such as Tea, Milk Powder, Hair Oil, Toothpaste soap etc. Even after implementation of GST, rates have been pruned on common use items to reduce the burden on consumers, the Finance Minister said. These include goods such as common household items like kitchenware, furniture, electrical equipments, bathroom toilet fittings, refrigerators, TV, certain food items etc. Smt. Sitharaman also highlighted the sensitivity of GST Council in reducing rates even post introduction of GST.

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nly were they proactive in bringing their issues to the forefront, they also helped in disseminating knowledge of GST through seminars and workshops. This consultative and collaborative approach is instrumental in making responsive and responsible policymaking. Union Minister of State for Finance Shri Pankaj Chaudhary highlighted the salient features of GST and in particular removal of multiple taxes and implementation of the concept of One Nation One Tax. MoS was appreciative of the launch of performance management system Pratidin and other technological initiatives of the department. Revenue Secretary Shri Sanjay Malhotra complimented the officers who were awarded the Commendation certificate. He congratulated the Officers for receiving commendation certificate on the occasion of GST Day for exemplary service. He noted that CBIC is responsive to suggestions made by trade and would work on it to provide solutions. He exhorted the department to focus on three Ts namely

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e areas of North East. Mr. K. Samskar, Inspector from CGST Bengaluru Zone illustrated the use of Digital tools by field officers to ensure GST compliance like ITC Verification, Eway Bill verification and generation of actionable information by ADVAIT. Mr. Sudipta Chakraborty, Superintendent, CGST Kolkata Zone, reminisced his experiences in pre-GST times with innumerable files and records which has transitioned to a paperless digital office in GST regime enabling CBIC to deliver GST services such as refunds to ensure liquidity even in COVID lockdown. Ms. Shreya Tulsiyan, Inspector, CGST Kolkata Zone, illustrated how the Digital Framework of GST has enabled officers to give taxpayer services to thousands of taxpayers in a prioritised and time bound manner. She highlighted how the new GST system takes us to closer to our goal of Ek Bharat Shrestha Bharat Sampann Bharat. Union Finance Minister inaugurated प्रतिदि&#2344

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To commemorate the 6 Years of GST, a song describing positive impact of GST on various stakeholders including citizens was composed sung by the departmental officers. The song is written by Shri Aslam Hassan Additional Commissioner, CGST Ranchi Zone and Shri Yogendra Garg, Chief Commissioner, CGST Customs Guwahati Zone. The singing choir included housekeeping staff to officers right upto Joint Commissioner of CGST Customs Guwahati Zone. Finance Minister felicitated 24 officers for their continued devotion and commitment to duty on GST Day 2023. List of officers is enclosed as Annexure-A. On the occasion of the 6th GST Day, CBIC, also recognised the contribution of all the compliant taxpayers to nation building. 50,000 (Fifty Thousand) compliant taxpayers have been identified representing all Industry sectors of the economy for awarding commendation certificates. The MSME sector, which is the growth engine of the Economy and the largest contribu

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Name of the officers (Sh./ Smt/Ms.) 1 Priya Ranjan Srivastava, Additional Commissioner, Lucknow Zone 2 Dr. Sudhanshu Rai, Additional Commissioner, Delhi Zone 3 Amit Samdariya, Deputy Director, GST Policy CBIC 4 Smita Roy, Deputy Director, TRU-II, CBIC 5 Kriti Tiwari, Deputy Director, DGGI, Regional Unit, Indore 6 Paritosh Vineet Vyas, Deputy Commissioner, Chennai Zone 7 Ajinkya Hari Katkar, Deputy Commissioner, Mumbai Zone 8 Anshika Agarwal, Deputy Director, DGGI Hqrs, Delhi 9 Dhruv, Deputy Director, DG System, Delhi 10 Dr. Geetu Badoliya, Deputy Commissioner, Meerut Zone 1

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DGHRD, I W 23 Bikram Kumar Kesri, Executive Assistant, DGGI Hqrs. 24 Gokul Chand Sharma, Tax Assistant, Delhi Zone Annexure-B State No. of GSTINs Centre Jurisdiction State Jurisdiction Jammu And Kashmir 297 33 264 Himachal Pradesh 432 110 322 Punjab 1034 299 735 Chandigarh 147 42 105 Uttarakhand 638 196 442 Haryana 2829 729 2100 Delhi 3404 749 2655

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1706 357 1349 Jharkhand 700 148 552 Odisha 786 137 649 Chattisgarh 533 104 429 Madhya Pradesh 1434 379 1055 Gujarat 5865 1566 4299 Daman Diu 0 0 0 Dadra Nagar Haveli 238 92 146 Maharashtra 9701 2180 7521 Karnataka 5738 1584 4154 Goa 225 47 178 Lakshwadeep

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Goods and Services Tax – GST Dated:- 3-7-2023 – News – GST promotes cooperative federalism and reduces corruption and tax evasion: Hon ble Governor of Maharashtra, Shri Ramesh Bais Sixth GST Day celebrated at Y.B. Chavan Auditorium, Mumbai CGST Mumbai Zone honours the officers and taxpayers contributing to the GST success story Mumbai CGST Central Excise Zone celebrated the 6 th GST Day on 1st July, 2023. Hon ble Governor of Maharashtra, Shri Ramesh Bais graced the occasion as the Chief Guest of the event. Officers and staff from Mumbai CGST Central Excise Zone, officers of Mumbai Customs, and Maharashtra State GST, as well as taxpayers were present. Speaking on the occasion, The Hon ble Governor of Maharashtra,

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t of Maharashtra State GST has crossed Rs. 41,462 crores in 2022-23. In conclusion, He called for a commitment to making GST more efficient, effective, and equitable. The Principal Chief Commissioner (CGST Central Excise), Mumbai Zone, Shri Pramod Kumar Agrawal expressed that the GST day is a means to celebrate the 3Cs, i.e., commitment to taxpayers, cooperative federalism, compliance reduction. He emphasized that all the four business processes of GST, i.e., Registration, Return-filing, Payment, and Refund, have been completely digitised, in line with the Prime Minister s vision of GST being a Good and Simple Tax. He further mentioned that the officers of the GST have fulfilled the principles of Reform, Transform, and Perform. He

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ave contributed to the successful implementation of the GST for their continued devotion and commitment to duty. The event also involved felicitation of major taxpayers from Mumbai Zone, which included Mahindra Mahindra Ltd, Bharat Petroleum Corporation Limited, Deposit Insurance and Credit Guarantee Corporation, General Insurance Corporation of India, in the GST category, and Hindustan Petroleum Corporation Limited, and Oil and Natural Gas Corporation from the Central Excise category. Two taxpayers, namely, Ji Shoji India Pvt. Ltd. and Rajan Agro Green Foods Pvt ltd also received commendation from the MSME category. – News – Press release – PIB Tax Management India – taxmanagementindia – taxmanagement – taxmanagementindia.com – TMI

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Goods and Services Tax – GST Dated:- 3-7-2023 – News – ₹1,61,497 crore gross GST revenue collected for June 2023; records 12% Year-on-Year growth Gross GST collection crosses ₹1.6 lakh crore mark for 4th time since inception of GST; ₹1.4 lakh crore for 16 months in a row; and ₹1.5 lakh 7th times since inception Average monthly gross GST collection for Q1 of FY2021-22 is ₹1.10 lakh crore; FY2022-23 is ₹1.51 lakh crore; and FY2023-24 is ₹1.69 lakh crore, respectively The gross GST revenue collected in the month of June, 2023 is ₹1,61,497 crore of which CGST is ₹31,013 crore, SGST is ₹38,292 crore, IGST is ₹80,292 crore (including ₹ 39,035 crore collected on import of goods) and cess is ₹11,900 crore (including ₹ 1,028 crore collected on import of goods). The government has settled ₹36,224 crore to CGST and ₹30269 crore to SGST from IGST. The total revenue of Centre and th

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State-wise growth of GST Revenues during June 2023 [ 1 ] State/UT June 22 June 23 Growth(%) Jammu and Kashmir 371.83 588.68 58% Himachal Pradesh 693.14 840.61 21% Punjab 1,682.50 1,965.93 17% Chandigarh 169.7 227.06 34% Uttarakhand 1,280.92 1,522.55 19% Haryana 6,713.89 7,988.18 19% Delhi 4,313.36 4,744.11 10% Rajasthan 3,385.95 3,892.01 15%

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4,331.41 5,053.87 17% Jharkhand 2,315.14 2,830.21 22% Odisha 3,965.28 4,379.98 10% Chhattisgarh 2,774.42 3,012.03 9% Madhya Pradesh 2,837.35 3,385.21 19% Gujarat 9,206.57 10,119.71 10% Dadra and Nagar Haveli and Daman Diu 349.70 339.31 -3% Maharashtra 22,341.40 26,098.78 17% Karnataka 8,844.88 11,193.20 27% Goa 428.63 480.43

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179.62 25% Grand Total 103317.18 121433.52 18% Amount of SGST portion of IGST settled to States/UTs in June 2023 State/UTs Amount (Rs. In crore) Jammu and Kashmir 417.85 Himachal Pradesh 222.35 Punjab 961.45 Chandigarh 122.21 Uttarakhand 221.64 Haryana 1,153.80 Delhi 1,136.95 Rajasthan 1,554.76 Utt

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409.84 Chhattisgarh 366.81 Madhya Pradesh 1,606.95 Gujarat 1,571.56 Dadra and Nagar Haveli and Daman and Diu 27.97 Maharashtra 3,484.55 Karnataka 2,688.90 Goa 162.97 Lakshadweep 4.80 Kerala 1,415.11 Tamil Nadu 1,873.31 Puducherry 184.21

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Goods and Services Tax – GST Dated:- 30-6-2023 – News – Dear Taxpayers, 1. It is informed that GSTN has developed a functionality to enable the taxpayer to explain the difference in GSTR-1 3B return online as directed by the GST Council. This feature is now live on the GST portal. 2. The functionality compares the liability declared in GSTR-1 /IFF with the liability paid in GSTR-3B /3BQ for each return period. If the declared liability exceeds the paid liability by a pred

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Goods and Services Tax – GST Dated:- 29-6-2023 – News – The CGST Delhi West Commissionerate under CGST Delhi Zone, upon analysis of an entity under investigation as part of Special Drive against fake registrations, found multiple entities registered on the same address wherein the said address was found existent during verification but the owner of the said premises denied any knowledge about existence of any firms. Supply chain analysis revealed that there was no movement of goods from the s

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Goods and Services Tax – GST Dated:- 27-6-2023 – News – In continuing drive against syndicates operating and managing fake firms, Directorate General of GST Intelligence (DGGI), Jaipur Zonal Unit, has busted a major crime syndicate based in Delhi. This syndicate was operating 569 fake firms and through them created huge fraudulent ITC of Rs 1,047 crore . The mastermind Shri Rishabh Jain, aged 30, resident of Delhi, had hired 10 employees for operating these fake firms. After extensive recce and data analytics, the officials of DGGI, Jaipur were able to trace this mastermind in Delhi and nabbed him. The modus operandi indicates that the syndicate has a close nexus with various brokers to purchase firms, bank accounts, SIM Cards,

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been attached. Shri Rishabh Jain has been arrested on 25.06.2023 and produced before Economic Offence Court, Jaipur, and is remanded for judicial custody till 07.07.2023. DGGI, Jaipur Zonal Unit has been in forefront in Rajasthan in detecting fake ITC cases, as during last F.Y. (2022-23), 142 cases involving fake ITC of Rs. 1,327 crore were booked, in which 9 persons were arrested. In this F.Y. (2023-24) in a short span of less than 3 months, 5 fake ITC cases involving Rs. 1,531 crore have been booked with arrest of 5 masterminds. This unit is dedicated to take all preventive steps to find more such syndicates and their masterminds, who are jeopardising administration of GST by issuing fake bills. This unit had succeeded in cracking

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Goods and Services Tax – GST Dated:- 23-6-2023 – News – DGGI Gurugram officials bust racket involving 539 fake entities and fraudulently claiming ITC of Rs. 1,124.66 crore, one held In another operation, GST evasion of Rs. 97.44 crore through a network of 19 fake entities busted In an intelligence-based operation, the Directorate General of GST Intelligence (DGGI), Gurugram Zonal Unit, has unearthed a major fraudulent Input Tax Credit (ITC) racket involving 539 fake entities, which have passed on fraudulent ITC of Rs. 1,124.66 crore. So far, one key operative has been arrested. On the basis of forensic examination, huge number of forged/morphed Aadhar card, PAN card, huge number of GST registrations of fake firms sampl

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e mobile phones and supply them in bulk to various traders. However, as the goods are bereft of ITC that can be utilised further, these persons create a network of fake firms to generate fraudulent ITC and then use this fraudulent ITC for further discharging their GST liability. So far, a network of 19 fake entities has been unearthed during a investigation and a detection of GST evasion of Rs. 97.44 crore has been made, resulting in recovery of Rs. 18.35 crore. In one such recent detection involving fraudulently availed ITC of Rs. 9.58 crore, a key person has been arrested. In the Financial Year 2023-24, Gurugram Zonal Unit has unearthed 1,198 fake GSTINs, involving fraudulent ITC detection of Rs. 2,762.30 crore, and have prevented

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