Goods and Services Tax

Goods and Services Tax – GST Dated:- 13-1-2023 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/Videos posted on our YouTube channel, refer to table below: Sl. No. Taxpayer functionalities deployed on the

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

tion_july%202022.pdf 5 May, 2022 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_may_2022.pdf 6 January-March, 2022 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_jan_mar_2022.pdf 7 December, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_december_2021.pdf 8 November, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_november_2021.pdf 9

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 2-1-2023 – News – Rs 1,49,507 crore GST Revenue collected for December 2022, records increase of 15% Year-on-Year Monthly GST revenues more than Rs 1.4 lakh crore for 10 straight months in a row The gross GST revenue collected during December 2022 is Rs 1,49,507 crore , of which CGST is Rs 26,711 crore , SGST is Rs 33,357 crore , IGST is Rs 78,434 crore (including Rs 40,263 crore collected on import of goods) and Cess is Rs 11,005 crore (including Rs 850 crore collected on import of goods). The Government has settled Rs 36,669 crore to CGST and Rs 31,094 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of December 2022 is Rs 63,380 crore for CGST and Rs 64,451 crore for the SGST. The revenues for the month of December 2022 are 15% higher than the GST revenues in the same month last year. During the month, revenues from import of goods was 8%

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

3 Punjab 1,573 1,734 10% 4 Chandigarh 164 218 33% 5 Uttarakhand 1,077 1,253 16% 6 Haryana 5,873 6,678 14% 7 Delhi 3,754 4,401 17% 8 Rajasthan 3,058 3,789 24% 9 Uttar Pradesh 6,029 7,178 19% 10 Bihar 963 1,309 36% 11 Sikkim 249 290

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

15% 21 Odisha 4,080 3,854 -6% 22 Chhattisgarh 2,582 2,585 0% 23 Madhya Pradesh 2,533 3,079 22% 24 Gujarat 7,336 9,238 26% 25 Daman and Diu 2 – -86% 26 Dadra and Nagar Haveli 232 317 37% 27 Maharashtra 19,592 23,598 20% 29 Karnataka 8,335 10,061 21% 30

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 17-12-2022 – News – Union Finance Minister Smt. Nirmala Sitharaman chairs 48th Meeting of the GST Council via virtual mode in New Delhi GST Council recommends to decriminalise certain offences u/s 132, increase in threshold of amount of tax for prosecution and reduction in amount of compounding in GST The 48th GST Council met under the Chairmanship of Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman via virtual mode in New Delhi today. The meeting was also attended by Union Minister of State for Finance Shri Pankaj Choudhary besides Finance Ministers of States UTs (with legislature) and senior officers of the Ministry of Finance States/ UTs. The GST Council has inter-alia made the following recommendations relating to changes in GST tax rates, measures for facilitation of trade and measures for streamlining compliances in GST: Tax rates : Sr. No. Description

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

00 mm and a ground clearance of 170 mm or above goods falling in lower rate category of 5% under schedule I of notification No. 1/2017-CTR imported for petroleum operations will attract lower rate of 5% and the rate of 12% shall be applicable only if the general rate is more than 12% As a relief measure, the Council decided to regularise the intervening period starting from the date of issuance of Circular (3.08.2022) in respect of GST on husk of pulses including chilka and concentrates including chuni/churi, khanda on as is basis on account of genuine doubts. No GST is payable where the residential dwelling is rented to a registered person if it is rented it in his/her personal capacity for use as his/her own residence and on his own account and not on account of his business. Incentive paid to banks by Central Government under the scheme for promotion of RuPay Debit Cards and low value BHIM-UPI transactions are in the nature of subsidy and thu

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

ance policy, is cancelled and the time period of issuance of credit note by the concerned supplier is over. The Council recommended amendment in CGST Rules, 2017 , along with issuance of a circular, to prescribe the procedure for filing application of refund by the unregistered buyers in such cases. Facilitate e-commerce for micro enterprises: GST Council in its 47th meeting had granted in-principle approval for allowing unregistered suppliers and composition taxpayers to make intra-state supply of goods through E-Commerce Operators (ECOs), subject to certain conditions. The Council approved the amendments in the GST Act and GST Rules, along with issuance of relevant notifications, to enable the same. Further, considering the time required for development of the requisite functionality on the portal as well as for providing sufficient time for preparedness by the ECOs, Council has recommended that the scheme may be implemented w.e.f. 01.10.2023. Paras 7, 8(a) and 8(

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

portionate to the amount not paid to the supplier vis a vis the value of the supply, including tax payable. The Council recommended to insert Rule 37A in CGST Rules, 2017 to prescribe the mechanism for reversal of input tax credit by a registered person in the event of non-payment of tax by the supplier by a specified date and mechanism for re-availment of such credit, if the supplier pays tax subsequently. This would ease the process for complying with the condition for availment of input tax credit under section 16(2)(c) of CGST Act, 2017 . Sub-rule (3) of rule 108 and rule 109 of the CGST Rules, 2017 to be amended to provide clarity on the requirement of submission of certified copy of the order appealed against and the issuance of final acknowledgment by the appellate authority. This would facilitate timely processing of appeals and ease the compliance burden for the appellants. Rule 109C and FORM GST APL-01/03 W to be inserted in the CGST Ru

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

ar to be issued for clarifying the issues pertaining to the place of supply of services of transportation of goods in terms of the proviso to sub-section (8) of section 12 of the IGST Act, 2017 and availability of input tax credit to the recipient of such supply. It has also been recommended that proviso to sub-section (8) of section 12 of the IGST Act, 2017 may be omitted. Issuance of the following circulars in order to remove ambiguity and legal disputes on various issues, thus benefiting taxpayers at large: 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. Clarifying the manner of re-determination of demand in terms of sub-section (2) of section 75 of CGST Act, 2017 . Clarification in respect of applicability of e-invoicing with respect to an entity. Measures for streamlining compliances in

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

hrough ECOs, covered under section 52 and section 9(5) of CGST Act, 2017 , by the supplier and reporting by the ECO in respect of supplies made under section 9(5) of CGST Act, 2017 . Rule 88C and FORM GST DRC-01B to be inserted in CGST Rules, 2017 for intimation to the taxpayer, by the common portal, about the difference between liability reported by the taxpayer in FORM GSTR-1 and in FORM GSTR-3B for a tax period, where such difference exceeds a specified amount and/ or percentage, for enabling the taxpayer to either pay the differential liability or explain the difference. Further, clause (d) to be inserted in sub-rule (6) of rule 59 of CGST Rules, 2017 to restrict furnishing of FORM GSTR-1 for a subsequent tax period if the taxpayer has neither deposited the amount specified in the intimation nor has furnished a reply explaining the reasons for the amount remaining unpaid. This would facilitate taxpayers to pay/ explain the reason for the difference in su

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 15-12-2022 – News – The Government vide Notification No.25/2022- Central Tax dated 13th December, 2022 has extended the due date for furnishing of Form GSTR-1 for November, 2022 for registered persons whose principal place of business is in the districts of Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tiruvannamalai, Ranipet, Vellore, Villupuram, Cuddalore, Thiruvarur, Nagapattinam, Mayiladuthurai and Thanjavur in the State of Tamil Nadu. Thus,

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 1-12-2022 – News – ₹1,45,867 crore gross GST revenue collected for November 2022, records increase of 11% Year-on-Year Monthly GST revenues more than ₹1.4 lakh crore for nine straight months in a row Revenues from import of goods 20% higher and revenues from domestic transaction (including import of services) 8% higher than the same month last year The gross GST revenue collected in the month of November 2022 is ₹1,45,867 crore of which CGST is ₹25,681 crore , SGST is ₹32,651 crore , IGST is ₹77,103 crore (including ₹38,635 crore collected on import of goods) and Cess is ₹10,433 crore (including ₹817 crore collected on import of goods) The government has settled ₹33,997 crore to CGST and ₹28,538 crore to SGST from IGST as regular settlement. The total revenue of Centre and the States after regular settlements in the month of November 2022 is ₹59678 cro

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

12% Himachal Pradesh 762 672 -12% Punjab 1,845 1,669 -10% Chandigarh 180 175 -3% Uttarakhand 1,263 1,280 1% Haryana 6,016 6,769 13% Delhi 4,387 4,566 4% Rajasthan 3,698 3,618 -2% Uttar Pradesh 6,636 7,254 9% Bihar 1,030 1,317 28% Sikkim 207 209 1% Arunachal Pradesh

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

2,890 3% Gujarat 9,569 9,333 -2% Daman and Diu 0 0 67% Dadra and Nagar Haveli 270 304 13% Maharashtra 18,656 21,611 16% Karnataka 9,048 10,238 13% Goa 518 447 -14% Lakshadweep 2 0 -79% Kerala 2,129 2,094 -2% Tamil Nadu 7,795 8,551 10% Puducherry 172 209 22% Andaman and Nicob

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 26-11-2022 – News – For creating awareness amongst all the stakeholders, GSTN is holding webinars on Filing of an Appeal by Taxpayers on GST Portal , as per the details given below: Webinar Topic Webinar on Filing of an Appeal by Taxpayers on GST Portal Language of webinar Hindi English Marathi Tamil Date 29.11.2022 Tuesday 30.11.2022 Wednesday 01.12.2022 Thursday 05.12.2022 Monday Time 11:00 AM 12 noon 12:30 PM 12

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 25-11-2022 – News – The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022 ( State-wise details as per Table below ). The total amount of compensation released to the States/UTs so far, including the aforesaid amount, during the year 2022-23 is Rs.1,15,662 crore. This is despite the fact that total Cess collection till October, 2022 is only Rs.72,147 crore and the balance of Rs. 43,515 crore is being released by the Centre from its own resources. With this release, the Centre has released, in advance, the entire amount of Cess estimated to be collected this year till March-end available for pa

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Bihar 91 Chhattisgarh 500 Delhi 1,200 Goa 119 Gujarat 856 Haryana 622 Himachal Pradesh 226 Jammu and Kashmir 208 Jharkhand 338 Karnataka 1,915 Kerala 773 Madhya Pradesh 722 Maharashtra 2,081 Odisha 524 Puducherry

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Compendium of GST Brochures (updated as on November, 2022) – Goods and Services Tax – GST Dated:- 24-11-2022 – News – – News – Press release – PIB Tax Management India – taxmanagementindia – t

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 1-11-2022 – News – ₹1,51,718 crore gross GST revenue collected for October 2022 Second highest collection ever with, next only to the collection in April 2022 Monthly GST revenues more than ₹1.4 lakh crore for eight months in a row, with ₹1.5 lakh crore crossed for the 2nd time since inception of GST September 2022 sees generation of 8.3 crore e-way bills, which is significantly higher than 7.7 crore e-way bills generated in August 2022 The gross GST revenue collected in the month of October 2022 is ₹ 1,51,718 crore of which CGST is ₹ 26,039 crore , SGST is ₹ 33,396 crore , IGST is ₹ 81,778 crore (including ₹ 37,297 crore collected on import of goods) and Cess is ₹ 10,505 crore (including ₹ 825 crore collected on import of goods), which is second highest till date. The government has settled ₹ 37,626 crore to CGST and ₹ 32,883 crore to SGST from IGS

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

g the current year. The table shows the state-wise figures of GST collected in each State during the month of October 2022 as compared to October 2021. State-wise growth of GST Revenues during October 2022 State Oct-21 Oct-22 Growth Jammu and Kashmir 648 425 -34% Himachal Pradesh 689 784 14% Punjab 1,595 1,760 10% Chandigarh 158 203 28% Uttarakhand 1,259 1,613 28% Haryana 5,606 7,662 37% Delhi 4,045 4,670 15% Rajas

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

4,259 5,367 26% Jharkhand 2,370 2,500 5% Odisha 3,593 3,769 5% Chhattisgarh 2,392 2,328 -3% Madhya Pradesh 2,666 2,920 10% Gujarat 8,497 9,469 11% Daman and Diu 0 0 20% Dadra and Nagar Haveli 269 279 4% Maharashtra 19,355 23,037 19% Karnataka 8,259 10,996 33% Goa 317 420 32%

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 27-10-2022 – News – Due to reorganization of the state of Jammu Kashmir and merger of the Union territories of Dadra and Nagar Haveli and Daman and Diu, the taxpayers of Ladakh and earlier Daman and Diu region have been allotted new GSTINs. There is therefore a doubt as to how to file the TRAN-1 and whether it would be linked with the old TRAN-1 or not. The aggrieved taxpayers of both the above-mentioned regions are hereby informed that they ca

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 22-10-2022 – News – Sequential filing of GSTR-1 filing of GSTR-1 before GSTR-3B on GST Portal 1. The Central Government has amended Section 37 Section 39 of Central Goods Service Tax Act (CGST), 2017 vide Notification No. 18/2022 Central Tax dated 28th September, 2022 with effect from 01 October, 2022. According to section 37(4) of CGST, Act , a taxpayers shall not be allowed to file GSTR-1 if previous GSTR-1 is not filed and as per sec 39(10) a taxpayer shall not be allowed to file GSTR-3B if GSTR-1 for the same tax period is not filed. 2. Section 37(4) 39(10) of Central Goods Service Tax Act, 2017 are reproduced below: Section 37(4) : A registered

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 21-10-2022 – News – Office of the Goods and Service Tax Council 5th Floor, Tower-II, Jeevan Bharti Bldg. Connaught Circus, New Delhi F.No.757/Follow-up/GSTC/2018/8198-19/10/2022 New Delhi, dated 19 th October, 2022 OFFICE MEMORANDUM Subject: Authority regarding action consequential to issuance of Show Cause Notice and for issuance of recurring SCN in case of an enforcement action initiated by the Central authorities against a taxpayer assigned to State and vice versa -reg. Varied practices are being followed by the field formations regarding the issuance of recurring Show Cause Notices (SCNs) as well as other consequential actions in cases where investigation has

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

in a State is open to enforcement action by both authorities. For example, an enforcement action against a taxpayer, assigned to State tax authorities, can be initiated by the Central tax authorities (and vice versa). In such cases, all the consequential action relating to the case including, but not limited to, appeal, review, adjudication, rectification, revision will lie with the authority which had initiated the enforcement action i.e. the Central tax authorities in the instant case. Refund in such cases may, however, be granted only by jurisdictional tax authority, administering the taxpayer. (ii) Issuance of recurring SCNs does not involve any fresh investigation as the subject matter as well as ground of SCN remain the same, a

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 15-10-2022 – News – The Anti-Evasion Branch, CGST Commissionerate Faridabad, Panchkula CGST Zone, received an information that M/s R. P. Enterprises having its registered principal place of business at village-Baghola, District Palwal, Haryana and additional premises at Sihi Gate, Ballabhgarh, Haryana, is engaged in purchase and sale of fire crackers without invoice. Accordingly, the Anti-Evasion Branch, CGST Commissionerate Faridabad, conducted simultaneous searches under Section 67 (2) of the CGST Act, 2017 on the 12 th October, 2022, which continued for whole night. The main registered principal place of business at village- Baghola, District- Palwal, Haryana was a huge premises, having 21

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 7-10-2022 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on our YouTube channel, refer to table below: Sl. No. Taxpayer functionalities deployed on the GST Portal during

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

January-March, 2022 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_jan_mar_2022.pdf 6 December, 2021 https://tutorial.gst.gov.in/downloads/news/new_ functionalities_compilation_december_2021.pdf 7 November, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_november_2021.pdf 8 July-September, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_july_september_2021.pdf 9 April-June, 2021 http

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 4-10-2022 – News – New Delhi, Oct 4 (PTI) Delhi's Goods and Services Tax (GST) collection in the second quarter of 2022-23 dipped by more than 6 per cent as compared to the first quarter of the fiscal, according to official figures. However, the combined GST collection of the first two quarters of 2022-23 was 28 per cent higher than the corresponding period of financial year 2021-22, showing that the economic situation is recovering from the effects of the COVID-19 pandemic, officials said. The GST collection in the third quarter (October-December) is expected to be higher with a spur in trade and business during the festive season, they added. The GST collection of Rs 14,297 crore in t

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 3-10-2022 – News – The Hon ble Supreme Court of India has provided a one-time opportunity to all the aggrieved taxpayers to file Form TRAN-1 / TRAN-2 and claim their transitional input tax credit in GST system. In compliance of the Hon ble court s directive, the facility for filing TRAN-1 / TRAN-2 or revising the earlier filed Form TRAN-1 / TRAN-2 on the GST common portal by aggrieved taxpayers have been made available by GSTN from 01.10.2022 , an

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 1-10-2022 – News – ₹1,47,686 crore gross GST revenue collected in the month of September 2022 Monthly GST revenues more than ₹ 1.4 lakh crore for seven months in a row Revenues for the month of September 2022 are 26% higher than the GST revenues in the same month in 2021 Another milestone crossed in September with more than 1.1 crore e-way bills and e-invoices, combined (72.94 lakh e-invoices and 37.74 lakh e-way bills), generated without any glitch on the GST Portal portal run by NIC on 30th September 2022 The gross GST revenue collected in the month of September 2022 is ₹ 1,47,686 crore of which CGST is ₹ 25,271 crore , SGST is ₹ 31,813 crore , IGST is ₹ 80,464crore (including ₹ 41,215 crore collected on import of goods) and Cess is ₹ 10,137 crore (including ₹ 856 crore collected on import of goods). The government has settled ₹ 31,880 crore to CGST and ₹

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

second highest single day collection of Rs. 49,453 crore on 20 th September with second highest number of 8.77 lakh challans filed, next only to Rs. 57,846 crore collected on 20 th July 2022 through 9.58 lakh challans, which pertained to end of the year returns. This clearly shows that the GST portal maintained by GSTN has fully stabilized and is glitch free. September also saw another milestone getting crossed when more than 1.1 crore e-way bills and e-invoices, combined (72.94 lakh e-invoices and 37.74 lakh e-way bills), were generated without any glitch on the portal run by NIC on 30 th September 2022. The chart below shows trends in monthly gross GST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of September 2022 as compared to September 2021. State-wise growth of GST Revenues during September 2022 State Sep-21 Sep-22 G

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

285 9% Arunachal Pradesh 55 64 16% Nagaland 30 49 61% Manipur 33 38 17% Mizoram 20 24 22% Tripura 50 65 29% Meghalaya 120 161 35% Assam 968 1,157 20% West Bengal 3,778 4,804 27% Jharkhand 2,198 2,463 12% Odisha 3,326 3,765 13% Chattisgarh 2,233 2,

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 28-9-2022 – News – New Delhi, Sep 28 (PTI) Goods and Services Tax (GST) revenue mop-up in September is expected to be around Rs 1.45 lakh crore, an official said. The collection has been over Rs 1.4 lakh crore since March and in August it was Rs 1.43 lakh crore. The collection in September is likely to be little more than Rs 1.45 lakh crore. Improved business activity is expected to yield better collections in coming months, the official said.

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 12-9-2022 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on our YouTube channel, refer to table below: Sl. No. Taxpayer functionalities deployed on the GST Portal during

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

2022.pdf 5 December, 2021 https://tutorial.gst.gov.in/downloads/news/new_ functionalities_compilation_ december_2021.pdf 6 November, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_ november_2021.pdf 7 July-September, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_july_ september_2021.pdf 8 April-June, 2021 https://tutorial.gst.gov.in/downloads/news/newfunctionalities_compilationaprjun2021.pdf

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 5-9-2022 – News – Hon ble Supreme Court while hearing an application from GSTN, has allowed extension of 4 weeks time to comply with their order dated 22/07/2022 issued in the matter of UOI Anr. V/s Filco Trade Centre Pvt. Ltd. Anr. bearing SLP (C) nos. 32709-32710/2018 . Accordingly, GSTN would open the common portal for filing transitional credit through Tran 1 and Tran 2 w.e.f 01/10/2022. Thanking You, Team GSTN – News – Press release –

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 3-9-2022 – News – The Government vide Notification No. 14/2022 Central Tax dated 05th July, 2022 has notified few changes in Table 4 of Form GSTR-3B for enabling taxpayers to correctly report information regarding ITC availed, ITC reversal and ineligible ITC in Table 4 of GSTR-3B . The Notified changes of Table 4 of GSTR-3B have been incorporated in GSTR-3B and are available on GST Portal since 01.09.2022. The taxpayers are advised to report

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 1-9-2022 – News – ₹ 1,43,612 crore gross GST revenue collected in the month of August 2022 Revenues for the month of August 2022 28% higher than the GST revenues in the same month in 2021 Monthly GST revenues more than the ₹ 1.4 lakh crore for six months in a row The gross GST revenue collected in the month of August 2022 is ₹ 1,43,612 crore of which CGST is ₹ 24,710 crore , SGST is ₹ 30,951 crore , IGST is ₹ 77,782 crore (including ₹ 42,067 crore collected on import of goods) and cess is ₹ 10,168 crore (including ₹ 1,018 crore collected on import of goods). The government has settled ₹ 29,524 crore to CGST and ₹ 25,119 crore to SGST from IGST. The total revenue of Centre and the States in the month of August 2022 after regular settlement is ₹ 54,234 crore for CGST and ₹ 56,070 crore for the SGST. The revenues for the month of August 20

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

ST revenues during the current year. The table shows the state-wise figures of GST collected in each State during the month of August 2022 as compared to August 2021. State-wise growth of GST Revenues during August 2022 State Aug-21 Aug-22 Growth Jammu and Kashmir 392 434 11% Himachal Pradesh 704 709 1% Punjab 1,414 1,651 17% Chandigarh 144 179 24% Uttarakhand 1,089 1,094 0% Haryana 5,618 6,772 21% Delhi 3,605 4,349 21%

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

engal 3,678 4,600 25% Jharkhand 2,166 2,595 20% Odisha 3,317 3,884 17% Chhattisgarh 2,391 2,442 2% Madhya Pradesh 2,438 2,814 15% Gujarat 7,556 8,684 15% Daman and Diu 1 1 4% Dadra and Nagar Haveli 254 310 22% Maharashtra 15,175 18,863 24% Karnataka 7,429 9,583 29% Goa 285 376

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 16-8-2022 – News – Various new functionalities are implemented on the GST Portal, from time to time, for GST stakeholders. These functionalities pertain to different modules such as Registration, Returns, Advance Ruling, Payment, Refund and other miscellaneous topics. Various webinars are also conducted as well informational videos prepared on these functionalities and posted on GSTNs dedicated YouTube channel for the benefit of the stakeholders. To view module wise functionalities deployed on the GST Portal and webinars conducted/ Videos posted on our YouTube channel, refer to table below: Sl. No. Taxpayer functionalities deployed on the GST Portal du

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_november_2021.pdf 6 July-September, 2021 https://tutorial.gst.gov.in/downloads/news/new_functionalities_compilation_july_september_2021.pdf 7 April-June, 2021 https://tutorial.gst.gov.in/downloads/news/newfunctionalities_compilationaprjun2021.pdf 8 January-March, 2021 https://tutorial.gst.gov.in/downloads/news/newfunctionalitiescompilation_janmar2021.pdf 9 October-December, 2020 https://tutorial.gst.gov.in/downloads/news/functionalities_rele

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 4-8-2022 – News – On the basis of an alert, an investigation against M/s Niyati Steels has been undertaken by CGST Delhi West Commissionerate. One Shri Karan Kumar Aggarwal in his voluntary statements has admitted that he looks after all day-to-day transactions and operations of the said firm. The said firm has availed ITC of Rs 7.7 crore from non-existent entities. Through further inquiry and the use of analytical tools, it was found that six more firms were linked with Shri Karan Kumar Agarwal. These firms on the strength of goods-less invoices worth approx. Rs. 292 crore, have collectively availed ineligible/inadmissible Input Tax Credit (ITC) of more than Rs. 52 crore from non-existent entities

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Goods and Services Tax – GST Dated:- 2-8-2022 – News – Single click Nil filing of GSTR-1 has been introduced on the GSTN portal to improve the user experience and performance of GSTR-1 /IFF filing. Taxpayers can now file NIL GSTR-1 return by simply ticking the checkbox File NIL GSTR-1 available at GSTR-1 dashboard. For the detailed advisory please click here Thanking You, Team GSTN – News – Press release – PIB Tax Management India – taxmanagementindia – taxmanagement – taxma

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =