Goods and Services Tax

Due dates for filing of Form GSTR-3B from the Tax Period of January, 2021
GST
Dated:- 16-4-2021

1. Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No 82/2020 – Central Tax, dated 10th Nov., 2020, has revised Rule 61 of the Central Goods and Services Tax Rules, 2017, to provide for staggered filing of Form GSTR-3B, for the tax periods from January, 2021, onwards, as under:
Sl.No.
Class of registered persons who have Opted for
Having princ

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Updates in Forms GSTR-1, GSTR-3B and Matching Offline Tool for taxpayers in QRMP Scheme
GST
Dated:- 14-4-2021

With effect from 1st January, 2021, all taxpayers with Annual Aggregate Turnover up to ₹ 5 Crore have been given an option to file their Form GSTR-1 Statement and Form GSTR-3B return on a quarterly basis. They also have an option to file B2B invoice details in Invoice Furnishing Facility (IFF) for months 1 and 2 (eg. Jan and Feb) of the quarter in order to pass on the credit, whereas the remaining invoices have to be declared in the Quarterly Form GSTR-1 of Month 3 (e.g. March).
I. The salient points related to filing of Form GSTR-1 Statement & auto-population of liability in Form GSTR-3B for taxpayers under QRM

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for the Quarter. Liability on account of inward supplies attracting reverse charge in Table 3.1 (d) is auto-populated from the taxpayer's FORM GSTR 2B. The System computed liability will also be made available in PDF format on taxpayer's GSTR-3B (Quarterly) dashboard.
Note: Data in Saved/ Submitted stage in Form GSTR-1 or in IFF, will not be auto-populated as Liability, in Table-3 of Form GSTR 3B.
II. Matching Offline Tool
a) The Matching Offline Tool has been updated for taxpayers under QRMP Scheme. In the Matching tool dashboard page, an option to select the quarter has been provided and in the purchase register, quarters Apr-Jun, Jul-Sep, Oct-Dec and Jan-Mar have been added to the tax periods.
b) The system generated Form GSTR-2B

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New features of Form GSTR-2B & GSTR-3B made available to taxpayers under QRMP Scheme
GST
Dated:- 14-4-2021

1. The new features related to filing of Statement/ Returns by taxpayers under QRMP Scheme, for the quarter Jan-Mar., 2021, which has been made available to them are summarized below.
2. Auto Generation of Form GSTR-2B, for the QRMP taxpayers
a) Form GSTR-2B contains details of filed IFFs (for Month M1 & M2) & filed Form GSTR 1 (for Month M3).
b) Form GSTR 2B has two sections of ITC i.e. ITC available and ITC not available (which flows from the supplier's filed IFF & Form GSTR-1, imports etc). It also contains tax liability of the taxpayer (which flows from the taxpayers own filed IFF & Form GSTR-1).
c) Taxpayers c

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date' based on which Form GSTR-2B has been generated.
3. Auto-population of ITC in Form GSTR-3B for the QRMP taxpayers
a) Figures of ITC available and ITC to be reversed will now be auto-populated in Table 4 of Form GSTR-3B, for the QRMP taxpayers, from their system generated quarterly Form GSTR-2B.
b) On the GSTR-3B dashboard page, an additional button 'System computed GSTR-3B' has also been provided, by clicking which system computed Form GSTR-3B can be downloaded in PDF format.
c) Taxpayer can edit the auto-drafted values as per their records and save the updated details.
d) The system will show a warning message to taxpayers in case ITC available is increased by more than 5% or ITC to be reversed is reduced even partially, by t

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Provisional Net Indirect Tax collections (GST & Non-GST) for the Financial Year 2020-21 show growth of more than 12% compared to actual Revenue Receipts in FY 2019-20.
GST
Dated:- 13-4-2021

Provisional Net Indirect Tax collections (GST & Non-GST) for the Financial Year 2020-21 show growth of more than 12% compared to actual Revenue Receipts in FY 2019-20.
Net Indirect Tax collections represent 108.2% of the Revised Estimates of ₹ 9.89 lakh crore of Indirect Taxes for the F.Y. 2020-21.
The provisional figures for indirect tax collections (GST & non-GST) for the Financial Year 2020-21 show that net revenue collections are at ₹ 10.71 lakh crore as compared to 9.54 lakh Crore for the Financial Year 2019-20, thereby r

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ion Cess) during Financial Year 2020-21 is ₹ 5.48 lakh crore as compared to ₹ 5.99 lakh crore in the previous Financial Year. Revised estimates of Net GST collection including CGST and Compensation Cess for FY 2020-21 was ₹ 5.15 Lakh Crore , Thus, the actual net GST collections is 106% of total targeted collection, though these are 8% lower than the last FYs collection. The GST collections were severely affected in the first half of the Financial year on account of Covid. However, in the second half, the GST collections registered a good growth and collections exceeded ₹ 1 lakh crore in each of the last six months. March saw an all-time high of GST collection at ₹ 1.24 lakh crore after very good figures in the

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Clarification on reporting 4-digit/6-digit HSNs
GST
Dated:- 13-4-2021

GST helpdesk is in receipt of some tickets at helpdesk wherein it was reported that certain 6-digit HSN codes are not available in HSN Master/ not accepted on e-invoice/e-Way bill portals.
Background: Notification No. 12/2017-Central Tax dated June 28, 2017, as amended vide Notification No. 78/2020 – Central Tax, dated October 15, 2020, mandates taxpayers to declare specified digits, as follows, of Harmonised System of Nomenclature (HSN) / Service Accounting Code (SAC) Code on raising of tax invoices, w.e.f. April 1, 2021.
S. No.
Aggregate Turnover in the preceding Financial Year
Number of Digits of HSN Code
1.
Upto INR 5 crores
4
2.
More than INR 5

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umber of digits of HSN, as specified vide Notifications No. 12/2017 & 78/2020 (Central Tax), are the minimum number of digits of HSN to be mentioned on the invoice.
Example: Where HSN 6 digits are specified to be reported in invoice, valid HSN codes as available in tariff, at both 6-digits and 8-digits can be mentioned. Similarly, where HSN at 4-digits are specified, valid HSN codes as available in tariff, at 4-digit, 6-digit and 8-digit can be mentioned. However, the 4/6 Digit HSN Codes, which are not available in the tariff; along with specific description, Unit and GST Rate; are not allowed to be mentioned.
Further, if the HSN of any Goods/Service is otherwise valid but not accepted on GST Portal / e-invoice Portal / e-way Bill portal,

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Module wise new functionalities deployed on the GST Portal for taxpayers
GST
Dated:- 7-4-2021

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 chann

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Auto-population of e-invoice details into GSTR-1
GST
Dated:- 7-4-2021

1. For the month of March, 2021, the auto-population of e-invoices into GSTR-1 (of March, 2021) is still in progress and is likely to take some more time.
Hence, notified taxpayers who are reporting e-invoices, are hereby advised not to wait for the complete auto-population, and instead proceed with preparation and filing of GSTR-1 for March, 2021 (by the due date), based on actual data as per their records.
2.

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GST to be levied on underlying goods/services in gift vouchers: rules AAAR
GST
Dated:- 5-4-2021

New Delhi, Apr 4 (PTI) Clearing the air over taxability of gift cards or vouchers, the Tamil Nadu bench of the AAAR has ruled that GST would be levied on the underlying goods/ services at the time of redemption such pre-paid instruments.
Kalyan Jewellers India Ltd has approached the Appellate Authority for Advance Ruling (AAAR) against the ruling by the Tamil Nadu state Authority for Advance Ruling (AAR), which had said that GST at 12 per cent or 18 per cent would be levied depending on whether on such pre-paid instruments was paper based or magnetic strip based respectively.
Modifying the AAR verdict, the AAAR has clarified that

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GST Revenue collection for March’ 21 sets  new record  
GST
Dated:- 1-4-2021

GST Revenue collection for March' 21 sets new record
₹ 1,23,902 crore gross GST revenue collected in the month of March 2021
The gross GST revenue collected in the month of March 2021 is at a record of ₹ 1,23,902 crore of which CGST is ₹ 22,973 crore, SGST is ₹ 29,329 crore, IGST is ₹ 62,842 crore (including ₹ 31,097 crore collected on import of goods) and Cess is ₹ 8,757 crore (including ₹ 935 crore collected on import of goods).
The government has settled ₹ 21,879 crore to CGST and ₹ 17,230 crore to SGST from IGST as regular settlement. In addition, Centre has also settled ₹ 2

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port of services) are 17% higher than the revenues from these sources during the same month last year. The GST revenue witnessed growth rate of (-) 41%, (-) 8%, 8% and 14% in the first, second, third and fourth quarters of this financial year, respectively, as compared to the same period last year, clearly indicating the trend in recovery of GST revenues as well as the economy as a whole.
GST revenues crossed above ₹ 1 lakh crore mark at a stretch for the last six months and a steep increasing trend over this period are clear indicators of rapid economic recovery post pandemic. Closer monitoring against fake-billing, deep data analytics using data from multiple sources including GST, Income-tax and Customs IT systems and effective ta

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10
Bihar
1,055.94
1,195.75
13%
11
Sikkim
189.33
213.66
13%
12
Arunachal Pradesh
66.71
92.03
38%
13
Nagaland
38.75
45.48
17%
14
Manipur
35.89
50.36
40%
15
Mizoram
33.19
34.93
5%
16
Tripura
67.1
87.9
31%
17
Meghalaya
132.72
151.97
15%
18
Assam
931.72
1,004.65
8%
19
West Bengal
3,582.26
4,386.79
22%
20
Jharkhand
2,049.43
2,416.13
18%
21
Odisha
2,632.88
3,285.29
25%
22
Chhattisgarh
2,093.17
2,544.13
22%
23
Madhya Pradesh
2,407.40
2,728.49
13%
24
Gujarat
6,820.46
8,197.04
20%
25
Daman and Diu
94.91
3.29
-97%
26
Dadra and Nagar Haveli
168.89
288.49
71%
27
Maharashtra
15,002.11
17,038.49
14%
29
Karnataka
7,144.30
7,914.98
11%
30
Goa
316.47
344.28
9

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HSN Code/ Service Accounting Code mandatory on invoices as per revised requirement from 1st April 2021 for GST taxpayer with turnover of more than 5 crore
GST
Dated:- 31-3-2021

With effect from the 1st April, 2021, it has been made mandatory for a GST taxpayer, having turnover of more than ₹ 5 crore in the preceding financial year, to furnish 6 digits HSN Code (Harmonised System of Nomenclature Code), or as the case may be, SAC (Service Accounting Code) on the invoices issued for supplies of taxable goods and services. A taxpayer having turnover of upto ₹ 5 crore in the preceding financial year is required to mandatorily furnish 4 digits HSN code on B2B invoices. Earlier, the requirement was 4 digits and 2 digits r

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ments are accessible on the CBIC web-site. The Customs Tariff may be accessed at https://www.cbic.gov.in/htdocs-cbec/customs/cst2021-020221/cst-idx for HSN codes.
GST rate schedule for goods and services may be accessed at https://www.cbic.gov.in/htdocs-cbec/gst/index-english and then follow the path GST Rates/Ready reckoner-Updated Notifications/Finder  GST Rates Ready Reckoner/Updated Notifications.
Further, HSN search facility is also available on the GST portal.
Manufacturers and importers/exporters have been commonly using HSN Codes. Manufacturers were furnishing these codes even in the pre-GST regime. Importers and exporters have been furnishing these codes in import/export documents. Traders would mostly be using H

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Centre releases 30,000 crore as GST Compensation as well as 28,000 crore as IGST ad-hoc settlement to the States/UTs
GST
Dated:- 31-3-2021

The Central Government has released GST Compensation of ₹ 30,000 crore to States as part compensation admissible for FY 2020-21 on 27th March, 2021. The total amount of compensation released so far for the year 2020-21 is ₹ 70,000 crore. As per the decision of GST Council, back to back loan of ₹ 1,10,208 crore has also been released in lieu of shortfall in release of GST Compensation for FY 2020-21. In addition to above, Centre has also released ₹ 28,000 crore (₹ 14,000 crore to States and ₹ 14,000 crore to Centre) by way of adhoc settlement of IGST on 30

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1107.8935
15
Maharashtra
4446.3056
16
Meghalaya
41.9917
17
Odisha
785.8651
18
Puducherry
140.0184
19
Punjab
1707.4805
20
Rajasthan
1176.0441
21
Sikkim
3.7173
22
Tamil Nadu
2192.9325
23
Telangana
770.5828
24
Tripura
47.2235
25
Uttar Pradesh
2094.4929
26
Uttarakhand
516.9803
27
West Bengal
1309.1785
Total
30000
State Code
Name of the State / UT
Adhoc IGST Settlement released on 30th March, 2021 (Rs. in crore )
1
Jammu and Kashmir
167
2
Himachal Pradesh
127
3
Punjab
523
4
Chandigarh
40
5
Uttarakhand
173
6
Haryana
532
7
Delhi
587
8
Rajasthan
600
9
Uttar Pradesh
1167
10
Bihar
441
11
Sikkim
9
12
Arunachal Pradesh
9
13
Nagaland
9
14
Manipur
12
15
Mizoram
7
1

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CGST West Delhi officials arrest man for input tax credit fraud of around 9 crore
GST
Dated:- 27-3-2021

Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (West) have unearthed a case of availment/utilization and passing on of inadmissible input tax credit (ITC) through goods less invoices of ₹ 9 crore (approx). The operation involved floating of multiple firms with the intent to avail/utilize & passing on of inadmissible credit.
The primary beneficiary firms in this network are M/s Ishita Ispat and M/s H. M. Trading Company of which Sh. Naveen Bansal is the Proprietor and also the de facto operator for the other two firms as admitted

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CGST Delhi officials arrest man for input tax credit fraud of around 94 crore
GST
Dated:- 26-3-2021

The officers of CGST Delhi North Commissionerate upon data analysis and gathering of intelligence zeroed in on Shri Krishan Kumar who was involved in creating and operating fake firms using identification documents of his friends/employees.
As per investigation conducted so far, a total of 5 fake firms namely M/s Shradha Traders, M/s Anshara Impex, M/s Vijeta Enterprises, M/s SM Agencies and M/s Deepasha Sales were created by him for the issuance of goods-less invoices for items like butter/ghee/oil and passed on inadmissible Input Tax Credit (ITC) of ₹ 94 crore approx.
During the search of his residence incriminating d

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Opting-in for Composition Scheme for Financial year 2021-22
GST
Dated:- 25-3-2021

1. How to opt-in for Composition Scheme:
* The eligible registered taxpayers, who want to opt-in for composition scheme for the FY 2021-22, need to file FORM GST CMP-02 application, on or before 31st March, 2021, post login on GST portal. The taxpayers may navigate as follows:
Log-in>Services > Registration > Application to opt for Composition Levy>Filing form GST CMP-02>File application under DSC/EVC
* Once Form GST CMP-02 application is filed, the composition scheme will be available to the taxpayer, w.e.f. 1st April 2021.
* The taxpayers already opted in for composition scheme earlier are not required to opt in again for FY 2021-2022.

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and/or mixed supplies having aggregate turnover of previous FY upto ₹ 50 lakhs.
3. Who is not eligible for opting in composition scheme:
* Suppliers of the goods/services who are not liable to pay tax under GST
* Inter-State outward suppliers of goods/services
* Taxpayers supplying goods through e-commerce operators who are required to collect tax under sec 52
* The manufacturers of notified goods like Ice cream and other edible ice, whether or not containing cocoa, tobacco and manufactured tobacco substitutes, Pan Masala & Aerated water
4. For more details click on:
* User Manual: https://tutorial.gst.gov.in/userguide/compositionpoc/compositionscheme.htm
* FAQ: https://tutorial.gst.gov.in/userguide/compositionpoc/optfo

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Taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge their GST due for March month
GST
Dated:- 22-3-2021

Unconfirmed reports have appeared in certain sections of the media that some GST officers are using unauthorised communication means such as phone calls, WhatsApp and messages asking taxpayers to discharge 'maximum tax liability' in 'cash' in order to ensure that targets for revenue collection from GST

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100 percent of the estimated GST compensation shortfall of 1.10 Lakh crore released 20th Instalment of 4,104 crore released to the States on Monday, 15th March, 2021
GST
Dated:- 15-3-2021

The Ministry of Finance, Department of Expenditure has released the final weekly instalment of ₹ 4,104 crore to the States to meet the GST compensation shortfall. Out of this, an amount of ₹ 4,086.97 crore has been released to 23 States and an amount of ₹ 17.03 crore has been released to the 3 UTs with Legislative Assembly.
With the current release, 100 percent of the total estimated GST compensation shortfall of ₹ 1.10 lakh crore for the year 2020-21 has now been released to the States & UTs with Legislative Assembly

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vided among all the States as per their GST compensation shortfall. With the current release, the proportionate pending GST shortfall with respect to borrowing under both 5 years tenure and 3 year tenure has been concluded for 23 States and 3 UTs with legislature. Remaining 5 States doesn't have any GST compensation shortfall.
The amount released this week was the 20th instalment of such funds provided to the States. The amount has been borrowed this week at an interest rate of 4.9288%. The total amount of ₹ 1,10,208 crore has been borrowed by the Central Government through the special borrowing window at an weighted average interest rate of 4.8473%.
In addition to providing funds through the special borrowing window to meet the sh

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percent of GSDP allowed and amount of funds raised through special window passed on to the States/UTs till 15.03.2021
(Rs. in Crore)
S.No.
Name of State / UT
Additional borrowing of 0.50 percent allowed to States
Amount of fund raised through special window passed on to the States/ UTs
1
Andhra Pradesh
5051
2311.00
2
Arunachal Pradesh*
143
0.00
3
Assam
1869
994.00
4
Bihar
3231
3905.00
5
Chhattisgarh
1792
3109.00
6
Goa
446
840.00
7
Gujarat
8704
9222.00
8
Haryana
4293
4352.00
9
Himachal Pradesh
877
1717.00
10
Jharkhand
1765
1689.00
11
Karnataka
9018
12407.00
12
Kerala
4,522
5766.00
13
Madhya Pradesh
4746
4542.00
14
Maharashtra
15394
11977.00
15
Manipur*
151
0.00
16
Meghalaya

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GSTN Webinar on e-invoicing for taxpayers
GST
Dated:- 12-3-2021

The Government had earlier mandated e-invoicing for the taxpayers with aggregate turnover exceeding ₹ 500 Cr. from 1st Oct., 2020 and for taxpayers with aggregate turnover exceeding ₹ 100 Cr. from 1st Jan., 2021. From 1st April, 2021, Government has mandated e-invoicing for taxpayers with aggregate turnover exceeding ₹ 50 Cr. (in any preceding financial year from 2017-18 onwards).
In this regard, GST

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DGGI Gurugram officials arrest man for input tax credit fraud of more than 43 crore
GST
Dated:- 11-3-2021

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana, has arrested Shri Ravinder Kumar (aka Ravinder Garg), resident of New Delhi on charges of creating and operating fictitious firms on forged documents which were used in availing of and passing on Input Tax Credit on bogus Invoices without actual receipt and supply of goods or services.
It is apparent from the investigation conducted till date, that Shri Ravinder Kumar created multiple proprietorship, partnership firms and private limited companies based in Haryana, New Delhi and Jharkhand merely on paper. Shri Ravinder kept eluding the

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Module wise new functionalities deployed on the GST Portal for taxpayers
GST
Dated:- 10-3-2021

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 chan

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Massive fake invoice racket busted by DGGI, Nagpur Zonal Unit in the first week of March 2021 – Fraudulent transactions of app. 500 Crores by 18 non-existent firms based in Jalgaon, Mumbai and Pune detected – Main Mastermind located and arrested
GST
Dated:- 9-3-2021

As a part of the ongoing drive against fake invoices, multiple searches were conducted by the officers of DGGI, Nashik Regional Unit of Nagpur Zonal Unit at a number of business premises and residential premises across Maharashtra.
During the investigations, a number of entities which had obtained GST Registrations were found to be non-existent and it was observed that they had been floated exclusively for the purpose of engaging in fake GST transactions. The

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nts could be resumed.
Further interrogation of the mastermind revealed that apart from one fake firm of which the mastermind himself was the Proprietor, there were 17 other fake entities floated by him by obtaining GST registrations at Mumbai, Pune and Jalgaon.
These 18 fake firms were found to have engaged in fake transactions of almost ₹ 500 Crore without supply or receipt of any goods or services and had availed fraudulent Input Tax Credit of app. ₹ 46.50 Crores.
For causing to commit and retaining the benefits arising out of offences specified under clause (b) and (c) of sub-Section (1) of Section 132 of the CGST Act, 2017 by way of setting up 18 fake and non-existent firms, including his own firm where he was the Proprie

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DGGI Gurugram officials arrest 2 men for defrauding exchequer of more than 690 crore
GST
Dated:- 9-3-2021

In an ongoing investigation the Directorate General of GST Intelligence, Gurugram Zonal Unit, were able to arrest two gang members of a fake invoicing syndicate, namely Shri Vikas and Shri Manish, who were involved in GST fraud by way of issuance of fake GST invoices in excess of ₹ 4,800 crore which defrauded the exchequer of more than ₹ 690 crore.
Both the accused, resident of Sirsa, Haryana, had relocated to Nepal in a bid to escape being caught and to perpetuate the fraud. After a tip off they were nabbed and were found to be in possession of huge incriminating documents and gadgets in the form of multiple

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Financial aid to states to meet GST compensation
GST
Dated:- 9-3-2021

In order to meet the shortfall in Goods and Services Tax (GST) compensation to be paid to States, the Government of India had set up a special borrowing window in October, 2020 to raise the estimated shortfall of ₹ 1.1 lakh crore.
This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Rajya Sabha today.
Giving more details, the Minister stated that an amount of ₹ 84,000 crore has been borrowed through this window by the Government of India upto 03.02.2021 on behalf of the States and Union Territories (UTs) with legislative assembly and has been passed on to the S

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GST compensation shortfall released to States reaches 1.06 lakh crore
GST
Dated:- 9-3-2021

GST compensation shortfall released to States reaches ₹ 1.06 lakh crore
19th Instalment of ₹ 2,104 crore released to the States on Monday, 08th March, 2021
96 per cent of the estimated shortfall of ₹ 1.10 lakh crore released
The Ministry of Finance, Department of Expenditure has released the 19th weekly instalment of ₹ 2,104 crore to the States to meet the GST compensation shortfall. Out of this, an amount of ₹ 2,103.95 crore has been released to 7 States and an amount of ₹ 0.05 crore has been released to the Union Territory of Puducherry.
Till now, 96 percent of the total estimated GST compensatio

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f 3 years and 5 years. The borrowing made under each tenure is equally divided among all the States as per their GST compensation shortfall. With the current release, the proportionate pending GST shortfall with respect to borrowing under 5 years tenor has been concluded for 23 States and 3 UTs with legislature. Remaining 5 States have not GST compensation shortfall.
The amount released this week was the 19th instalment of such funds provided to the States. The amount has been borrowed this week at an interest rate of 5.8594%. So far, an amount of ₹ 1,06,104 crore has been borrowed by the Central Government through the special borrowing window at an weighted average interest rate of 4.8842%.
In addition to providing funds through t

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State wise additional borrowing of 0.50 percent of GSDP allowed and amount of funds raised through special window passed on to the States/UTs till 08.03.2021
(Rs. in Crore)
S. No.
Name of State / UT
Additional borrowing of 0.50 percent allowed to States
Amount of fund raised through special window passed on to the States/ UTs
1
Andhra Pradesh
5051
2306.59
2
Arunachal Pradesh*
143
0.00
3
Assam
1869
992.12
4
Bihar
3231
3897.50
5
Chhattisgarh
1792
2654.69
6
Goa
446
838.38
7
Gujarat
8704
9204.31
8
Haryana
4293
4343.62
9
Himachal Pradesh
877
1713.71
10
Jharkhand
1765
1442.18
11
Karnataka
9018
12383.13
12
Kerala
4,522
4923.48
13
Madhya Pradesh
4746
4533.28
14
Maharashtra
15394
1195

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CGST East Delhi Commissionerate arrests two for defrauding Government Exchequer of more than 392 crore
GST
Dated:- 5-3-2021

In their continuous endeavour to uproot fake billing operations, officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi (East) achieved yet another success when investigations led to unearthing of a massive network of fictitious firms to generate and avail fake Input Tax Credit (ITC) of Goods and Services Tax (GST). The network of fictitious companies was being operated by one Shri Naresh Dhoundiyal in connivance with one Shri Devender Kumar Goyal, who is a Charted Accountant by profession. Both Shri Naresh Dhoundiyal and Shri Devender Kumar Goyal are former employees of Essel Group. Tho

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us other fictitious and non-existent firms for such fictitious intermediatory companies. The total fake Input Tax Credit passed on by such fictitious intermediatory companies is quantified to be ₹ 92.18 crore whereas, the total fake Input Tax Credit passed on by other fictitious and non-existent firms pertaining to the larger network is quantified to be more than ₹ 300 crore. The syndicate has thus defrauded the Government exchequer of more than ₹ 392 crore by issuing bogus invoices of more that ₹ 3,000 crore without actual supply of any goods or services which is likely to increase as the investigation progresses. It is pertinent to mention that M/s Vertilink Media Solutions Private Limited has admitted the evasion

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Delhi East CGST Officials arrest man for input tax credit fraud of 38.91 crore
GST
Dated:- 2-3-2021

In the ongoing drive to counter the menace of fake billing operators, information from analytics tool NETRA (Network Exploration Tool for Revenue Augmentation), was developed by the officers of Central Goods and Service Tax (CGST) Commissionerate, Delhi East to unearth a network of fictitious firms used to generate and pass on fake Input Tax Credit (ITC) of Goods and Service Tax (GST).
Investigation revealed that the multilayered network was being operated by one Shri Nihaluddin who has confessed to having created a fake firm in his own name and also arranging ITC from 38 other fictitious firms on commission basis to pass on fa

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