Goods and Services Tax

7th Instalment of 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall
GST
Dated:- 14-12-2020

7th Instalment of ₹ 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall
A total amount of ₹ 42,000 crore released so far to all States and UTs with legislation
This is in addition to additional borrowing permission of ₹ 1,06,830 granted to the States
The Ministry of Finance has released the 7th weekly instalment of ₹ 6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of ₹ 5,516.60 crore has been released to 23 States and an amount of ₹ 483.40 crore has been released to the 3

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0, 1st December, 2020, 7th December, 2020 and 14th December, 2020.
The amount released this week was the 7th instalment of such funds provided to the States. The amount has been borrowed this week at an interest rate of 5.1348%. So far, an amount of ₹ 42,000 crore has been borrowed by the Central Government through the special borrowing window at an average interest rate of 4.7712%.
In addition to providing funds through the special borrowing window to meet the shortfall in revenue on account of GST implementation, the Government of India has also granted additional borrowing permission equivalent to 0.50 % of Gross States Domestic Product (GSDP) to the states choosing Option-I to meet GST compensation shortfall to help them in mob

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ed on to the States/ UTs
1
Andhra Pradesh
5051
1055.79
2
Arunachal Pradesh*
143
0.00
3
Assam
1869
454.36
4
Bihar
3231
1783.74
5
Chhattisgarh
1792
338.52
6
Goa
446
383.66
7
Gujarat
8704
4212.94
8
Haryana
4293
1988.26
9
Himachal Pradesh
877
784.43
10
Jharkhand
1765
183.90
11
Karnataka
9018
5668.31
12
Kerala
4,522
956.04
13
Madhya Pradesh
4746
2075.07
14
Maharashtra
15394
5472.11
15
Manipur*
151
0.00
16
Meghalaya
194
51.09
17
Mizoram*
132
0.00
18
Nagaland*
157
0.00
19
Odisha
2858
1746.13
20
Punjab
3033
1385.96
21
Rajasthan
5462
1408.42
22
Sikkim*
156
0.00
23
Tamil Nadu
9627
2851.46
24
Telangana
5017
559.02
25
Tripura
297
103.50
26
Uttar Prad

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Webinar on e-invoicing for taxpayers
GST
Dated:- 14-12-2020

From 1st Jan., 2021, Government has mandated e-invoicing for the taxpayers with aggregate turnover exceeding ₹ 100 Cr. (in any preceding financial year from 2017-18 onwards).
In this regard, GSTN is holding a webinar as below. The taxpayers are requested to join the session and get benefit out of the same.
GSTN Webinar on e-invoicing for Taxpayers
Date of Webinar:
16th December, 2020 (Wednesday)
Time of Training

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Webinar on online application by Taxpayers for unblocking E-Way Bill generation facility
GST
Dated:- 14-12-2020

1.From 1st December, 2020, onwards, the EWB generation facility is being blocked for all taxpayers, irrespective of their Aggregate Annual Turnover, for default in filing of Return in FORM GSTR-3 B or Statement in FORM GST CMP-08 for two or more consecutive Tax periods.
2.The taxpayers have an option to have their EWB generation facility unblocked by filing an applicatio

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One arrested for fraudulently availing ITC of around 45 crore
GST
Dated:- 12-12-2020

On the basis of intelligence received by Anti-Evasion branch of CGST Delhi South Commissionerate, the officers have booked a case against M/s. Sunflame Trading Pvt. Ltd., M/s Atlantic International Trading Pvt. Ltd., and M/s. Blue Star International Pvt. Ltd.,M/s Blue Evolution Private Limited and M/s White Mountain Trading Private Limited having their Principal Place of Business at G-56, Green Park, New Delhi-110016 for incorrectly availing ITC issued on the GSTIN of fake/ dummy firms and getting refund of ITC on the strength of such fake Invoices.
From preliminary scrutiny of the seized documents, the data/information available on E-way Por

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GSTR-9 of FY 2019-20 is available now
GST
Dated:- 11-12-2020

Facility to file annual return in Form GSTR-9 for FY 2019-20 is now available. The Form is enabled for taxpayers whose table 8A computation has been completed. Computation of the table 8A of the said return for auto population from returns is under progress which is likely to be completed soon. Please ensure that all applicable returns of the said year have been filed before attempting to file the said return.
News –

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6th Instalment of 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall
GST
Dated:- 9-12-2020

6th Instalment of ₹ 6,000 crore released to the States as back to back loan to meet the GST compensation shortfall
A total amount of ₹ 36,000 crore released so far
This is in addition to additional borrowing permission of ₹ 1,06,830 crore granted to the States
The Ministry of Finance has released the weekly instalment of ₹ 6,000 crore to the States to meet the GST compensation shortfall. Out of this, an amount of ₹ 5,516.60 crore has been released to 23 States and an amount of ₹ 483.40 crore has been released to the 3 Union Territories (UT) with Legislativ

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rage interest rate of 4.7106%.
In addition to providing funds through the special borrowing window to meet the shortfall in revenue on account of GST implementation, the Government of India has also granted additional borrowing permission equivalent to 0.5% of States' GSDP to the states choosing option-I to meet GST compensation shortfall to help them in mobilising additional financial resources. So far, permission for borrowing an additional amount of ₹ 1,06,830 crore has been granted to 28 States under this provision.
The amount of additional borrowing permission granted to 28 States and the amount of funds raised through special window and released to the States and Union Territories so far is annexed.
State wise additional bor

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Online filing of application by Taxpayers for unblocking E-Way Bill generation facility
GST
Dated:- 8-12-2020

1. From 1st December, 2020, onwards, the EWB generation facility is being blocked for all taxpayers, irrespective of their Aggregate Annual Turnover, for default in filing of Return in FORM GSTR-3 B or Statement in FORM GST CMP-08 for two or more consecutive Tax periods.
2. The taxpayers have an option to have their EWB generation facility unblocked by filing an applicatio

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DGGI Gurugram arrests man for illegally availing input tax credit on invoices without goods
GST
Dated:- 8-12-2020

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Shri Rajesh Kasera resident of New Delhi on charges of IGST fraud by way of illegally availing input tax credit (ITC) on invoices without goods, and encashing through IGST refund mode by resorting to overvalued exports.
It is apparent from the investigation conducted till date, that Shri Rajesh Kasera created and controlled two companies by the name of M/s S.K. Traders helmed by dummy director Shri Sushil Kumar Goyal and another by the name of M/s R.K. Enterprises, based in New Delhi and Faridabad respectively. M

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Winners of GST-n-You Contest, 2020 on Benefits of GST held by GSTN
GST
Dated:- 8-12-2020

* The Goods and Services Tax Network (GSTN) conducted a month-long GST-n-You contest 2020 from 15th September to 15th October, 2020 on the various initiatives and reforms undertaken by the Government on GST. The entries were invited in form of videos or static creatives.
* The participants were required to submit their entries on benefit of GST. Some of the suggested topics were – One nation, one tax, one market; GST and reduced taxes on micro, small and medium scale enterprises; GST and automated compliance; GST and reduction of monthly household budget; movement of goods without check posts; How to register/file return on GST portal.,

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Due dates for filing of Form GSTR-3B for the Tax Periods from October, 2020 till March, 2021
GST
Dated:- 5-12-2020

Government of India, Ministry of Finance (Department of Revenue), CBIC, vide Notification No. 82/2020 – Central Tax, dated 11th Nov., 2020, has added sub rule (6) to 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 October, 2020 till March, 2021. The details are as under:
Sl. No
Taxpayers with aggregate turnover (PAN based) in the previous financial year
And Taxpayers having principal place of business in the State/ UT of
Due date of filing of Form GSTR 3B, from October, 2020 till March, 2021
1
More than ₹ 5 Crore
All

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All States choose Option-1 to meet the GST implementation shortfall
GST
Dated:- 5-12-2020

* Jharkhand has become the latest State to go for Option-1
* Jharkhand will get ₹ 1,689 crore through special borrowing window to meet the GST implementation shortfall
* Permission to raise additional ₹ 1,765 crore through borrowings also issued to Jharkhand
All the 28 States and 3 Union Territories with legislature have decided to go for Option-1 to meet the revenue shortfall arising out of the GST implementation. Jharkhand, the only remaining State, has now communicated its acceptance of Option-1. All the 3 Union Territories with Legislative Assembly who are members of the GST council have already decided in favour of O

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al window for borrowings to meet the shortfall arising out of GST implementation, the States are also entitled to get unconditional permission to borrow the final instalment of 0.50% of Gross State Domestic Product (GSDP) out of the 2% additional borrowings permitted by the Government of India, under Atma Nirbhar Abhiyaan on 17th May, 2020. This is over and above the Special Window of ₹ 1.1 lakh crore. On receipt of the choice of Option-1, the Government of India has granted additional borrowing permission of ₹ 1,765 crore to the State Government of Jharkhand (0.50 % of Jharkhand's GSDP).
The amount of additional borrowing permission granted to 28 States and the amount of funds raised through special window and released to the

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4746
1580.51
14
Maharashtra
15394
4167.99
15
Manipur*
151
0.00
16
Meghalaya
194
38.89
17
Mizoram*
132
0.00
18
Nagaland*
157
0.00
19
Odisha
2858
1329.97
20
Punjab
3033
475.80
21
Rajasthan
5462
907.12
22
Sikkim*
156
0.00
23
Tamil Nadu
9627
2171.90
24
Telangana
5017
299.88
25
Tripura
297
78.90
26
Uttar Pradesh
9703
2090.21
27
Uttarakhand
1405
806.10
28
West Bengal
6787
252.22
Total (A):
106830
26966.76
1
Delhi
Not applicable
2040.77
2
Jammu & Kashmir
Not applicable
790.53
3
Puducherry
Not applicable
201.94
Total (B):
Not applicable
3033.24
Grand Total (A+B)
106830
30000.00
* These States have 'NIL' GST compensation gap
# Funds will be released starting after

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All States except Jharkhand choose Option-1 to meet the GST implementation shortfall
GST
Dated:- 3-12-2020

All States except Jharkhand choose Option-1 to meet the GST implementation shortfall
Chhattisgarh has become the latest State to go for Option-1
Chhattisgarh will get ₹ 3,109 crores through special borrowing window to meet the GST implementation shortfall
Permission to raise additional ₹ 1,792 crore through borrowings also issued to Chhattisgarh
Government of Chhattisgarh has communicated its acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have favoured Option-1 has gone up to 27. All States except Jharkhand and all the 3 Union Territories wi

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eceive funds raised through this window starting from the next round of borrowing.
Under the terms of Option-1, besides getting the facility of a special window for borrowings to meet the shortfall arising out of GST implementation, the States are also entitled to get unconditional permission to borrow the final instalment of 0.50% of Gross State Domestic Product (GSDP) out of the 2% additional borrowings permitted by the Government of India, under Atmanirbhar Abhiyaan on 17th May, 2020. This is over and above the Special Window of ₹ 1.1 lakh crore. On receipt of the choice of Option-1, the Government of India has granted additional borrowing permission of ₹ 1,792 crore to the State Government of Chhattisgarh (0.50 % of Chhatti

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4293
1514.40
9
Himachal Pradesh
877
597.47
10
Karnataka
9018
4317.39
11
Kerala
4,522
328.20
12
Madhya Pradesh
4746
1580.51
13
Maharashtra
15394
4167.99
14
Manipur*
151
0.00
15
Meghalaya
194
38.89
16
Mizoram*
132
0.00
17
Nagaland*
157
0.00
18
Odisha
2858
1329.97
19
Punjab
3033
475.80
20
Rajasthan
5462
907.12
21
Sikkim*
156
0.00
22
Tamil Nadu
9627
2171.90
23
Telangana
5017
299.88
24
Tripura
297
78.90
25
Uttar Pradesh
9703
2090.21
26
Uttarakhand
1405
806.10
27
West Bengal
6787
252.22
Total (A):
105065
26966.76
1
Delhi
Not applicable
2040.77
2
Jammu & Kashmir
Not applicable
790.53
3
Puducherry
Not applicable
201.94
Total (B):
Not applicable
3033.24

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Update on auto-population of e-invoice details into GSTR-1
GST
Dated:- 1-12-2020

1. Certain notified taxpayers have been preparing and issuing invoices by obtaining Invoice Reference Number (IRN) from Invoice Registration Portal (IRP) (commonly referred as 'e-invoices'). Details from such e-invoices are be auto-populated in respective tables of GSTR-1.
An update on the status of such auto-population was earlier published on 13/11/2020.
2. Due to some unanticipated issues, there has been delay in auto-population of e-invoice details into GSTR-1.
Hence, such taxpayers who had reported e-invoices should not wait for auto-populated data and they are advised to proceed with preparation and filing of GSTR-1 for the months of N

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6. It may also be noted that the auto-population of details from e-invoices into GSTR-1 is only a facility for the taxpayers. After viewing the auto-populated data, the taxpayer shall verify the propriety and accuracy of the amounts and other data in each field, especially from the perspective of GSTR-1 and file the same, in the light of relevant legal provisions.
7. Once the auto-population into GSTR-1 gets started, the taxpayers are requested to verify the documents present in the excel and may share feedback on GST Self Service Portal, on below aspects:
* All documents reported to IRP are present in excel
* Status of each e-invoice/IRN is correct
* All the details of document are populated correctly
News – Press release – PIB

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1,04,963 crore of gross GST Revenue collected in the month of November 2020
GST
Dated:- 1-12-2020

The gross GST revenue collected in the month of November, 2020 is ₹ 1,04,963 crore of which CGST is ₹ 19,189 crore, SGST is ₹ 25,540 crore, IGST is ₹ 51,992 crore (including ₹ 22,078 crore collected on import of goods) and Cess is ₹ 8,242crore (including ₹ 809 crore collected on import of goods). The total number of GSTR-3B Returns filed for the month of November up to 30th November 2020 is 82 lakhs.
The government has settled ₹ 22,293 crore to CGST and ₹ 16,286 crore to SGST from IGST as regular settlement. The total revenue earned by Central Government and the State Governme

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State-wise growth of GST Revenues during Nov 2020
State
Nov-19
Nov-20
Growth
Jammu and Kashmir
363
360
-1%
Himachal Pradesh
701
758
8%
Punjab
1,375
1,396
2%
Chandigarh
165
141
-14%
Uttarakhand
1,280
1,286
0%
Haryana
5,904
5,928
0%
Delhi
3,995
3,413
-15%
Rajasthan
3,071
3,130
2%
Uttar Pradesh
5,678
5,528
-3%
Bihar
1,107
970
-12%
Sikkim
157
223
42%
Arunachal Pradesh
36
60
68%
Nagaland
23
30
31%
Manipur
35
32
-9%
Mizoram
17
17
0%
Tripura
51
58
13%
Meghalaya
117
120
2%
Assam
958
946
-1%
West Bengal
3,460
3,747
8%
Jharkhand
1,720
1,907
11%
Odisha
2,347
2,528
8%
Chhattisgarh
2,176
2,181
0%
Madhya Pradesh
2,453
2,493
2%
Gujarat
6,805
7,566
11%
Dama

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Punjab chooses Option-1 to meet the GST implementation shortfall
GST
Dated:- 30-11-2020

Punjab chooses Option-1 to meet the GST implementation shortfall
26 States and all Union Territories with Legislative Assembly have favoured Option-1
Punjab will get ₹ 8,359 Crores through special borrowing window to meet the GST implementation shortfall
Permission to raise additional ₹ 3,033 Crores through borrowings also issued to Punjab
Governments of Punjab has communicated acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have chosen this option has gone up to 26. All the 3 Union Territories with Legislative Assembly (i.e. Delhi, Jammu & Kashmir and Puducher

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tting the facility of a special window for borrowings to meet the shortfall arising out of GST implementation, the States are also entitled to get unconditional permission to borrow the final instalment of 0.50% of Gross State Domestic Product (GSDP) out of the 2% additional borrowings permitted by the Government of India, under Atmnirbhar Abhiyaan on 17th May, 2020. This is over and above the Special Window of ₹ 1.1 lakh crores. On receipt of the choice of Option-1 from the Government of Punjab, the Government of India has granted additional borrowing permission of ₹ 3,033 crores to the State Government of Punjab(0.5% of Punjab's GSDP).
The amount of additional borrowing permission granted to 26 States and the amount of funds

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1321.98
12
Maharashtra
15394
3486.24
13
Manipur*
151
0.00
14
Meghalaya
194
32.51
15
Mizoram*
132
0.00
16
Nagaland*
157
0.00
17
Odisha
2858
1112.42
18
Punjab #
3033
0.00
19
Rajasthan
5462
645.06
20
Sikkim*
156
0.00
21
Tamil Nadu
9627
1816.66
22
Telangana
5017
164.41
23
Tripura
297
66.04
24
Uttar Pradesh
9703
1748.29
25
Uttarakhand
1405
674.27
26
West Bengal #
6787
0.00
Total (A):
103273
21472.16
1
Delhi
Not applicable
1706.93
2
Jammu & Kashmir
Not applicable
661.21
3
Puducherry
Not applicable
159.70
Total (B):
Not applicable
2527.84
Grand Total (A+B)
103273
24000.00
* These States have 'NIL' GST compensation gap
# Funds will be released starting after next ro

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Online filing of application (Form GST EWB 05) by the taxpayer for un-blocking of E-Way Bill (EWB) generation facility
GST
Dated:- 28-11-2020

1. In terms of Rule 138E (a) and (b) of the CGST Rules, 2017, the E-Way Bill (EWB) generation facility of a taxpayer is to be blocked, in case the taxpayer fails to file their returns in Form GSTR-3B or Statement in Form CMP-08, for two or more consecutive tax periods. For unblocking of this facility, taxpayer need to apply to jurisdictional Tax Official in Form GST EWB 05.
2. A facility has now been provided to the taxpayers on the GST Portal, from 28th November, 2020 onwards, to file an application online for unblocking of their EWB generation facility (in Form EWB-05), in case their

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official. The tax official can issue a Notice for personal hearing to the taxpayer. Then the taxpayer can file their reply to the notice online, along with supporting documents.
5. At conclusion of the proceedings, the Tax Officer can issue an order (in Form EWB-06) approving the taxpayer application for unblocking the EWB generation facility. After which their EWB generation facility will be restored for the duration specified in the order.
6. If the Tax Officer rejects the taxpayer's application vide order in Form EWB-06, the EWB generation facility will remain blocked and the taxpayer shall be required to file their pending returns (in Form GSTR-3B / Statement in FORM CMP-08, so as to reduce the pendency to less than two tax periods),

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DGGI Gurugram arrests one for illegally manufacturing and supplying cigarettes and tax evasion
GST
Dated:- 28-11-2020

The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU), Haryana has arrested one Sh. Satyender Sharma resident of Haryana on charges of manufacturing and supplying illegally manufactured cigarettes without the requisite tax paying documents and without payment of applicable GST and cess.
It became apparent from the investigation conducted till date, that Sh Sharma was engaged in the manufacture and supply of various cigarettes of different lengths. These include his registered brands 'Nidhi Black' 'Gold queen' and 'E-10.' Apart from these the investigation also revealed that Sh. Sharma wa

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Two more States – Kerala and West Bengal choose Option-1 to meet the GST implementation shortfall
GST
Dated:- 25-11-2020

Two more States – Kerala and West Bengal choose Option-1 to meet the GST implementation shortfall
25 States and all Union Territories with Legislative Assembly have favoured Option-I
Kerala and West Bengal will get ₹ 10,197 crore through special borrowing window to meet the GST implementation shortfall.
Permission to raise additional ₹ 11,309 crore through borrowings also issued to Kerala and West Bengal.
Governments of Kerala and West Bengal have communicated their acceptance of Option-1 to meet the revenue shortfall arising out of GST implementation. The number of States who have chosen thi

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engal will also receive funds raised through this window starting from the next round of borrowings.
Under the terms of Option-1, besides getting the facility of a special window for borrowings to meet the shortfall arising out of GST implementation, the States are also entitled to get unconditional permission to borrow the final instalment of 0.50% of Gross State Domestic Product (GSDP) out of the 2% additional borrowings permitted by the Government of India, under Atmnirbhar Abhiyaan on 17th May, 2020. This is over and above the Special Window of ₹ 1.1 lakh crore. On receipt of the choice of Option-1 from the Government of Kerala and West Bengal, the Government of India has granted additional borrowing permission of ₹ 4,522

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43
0.00
3
Assam
1869
289.54
4
Bihar
3231
1136.27
5
Goa
446
244.39
6
Gujarat
8704
2683.88
7
Haryana
4293
1266.68
8
Himachal Pradesh
877
499.74
9
Karnataka
9018
3611.17
10
Kerala #
4,522
0.00
11
Madhya Pradesh
4746
1321.98
12
Maharashtra
15394
3486.24
13
Manipur*
151
0.00
14
Meghalaya
194
32.51
15
Mizoram*
132
0.00
16
Nagaland*
157
0.00
17
Odisha
2858
1112.42
18
Rajasthan
5462
645.06
19
Sikkim*
156
0.00
20
Tamil Nadu
9627
1816.66
21
Telangana
5017
164.41
22
Tripura
297
66.04
23
Uttar Pradesh
9703
1748.29
24
Uttarakhand
1405
674.27
25
West Bengal #
6787
0.00
Total (A):
100240
21472.16
1
Delhi
Not applicable
1706.93
2
Jammu & Kashmir
Not ap

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One more arrested in Hisar for issuing fake invoices of ITC
GST
Dated:- 24-11-2020

In pursuance of ongoing investigation of fraudulent passing of Input Tax Credit (ITC) wherein one person namely Sh. Satender Kumar Singla of Hisar was arrested on 12.11.2020,the Directorate General of GST Intelligence (DGGI), Regional Unit, Rohtak falling under Gurugram Zonal Unit has arrested one more person namely, Sh. Vikas Jain, of Jind on 23.11.2020. Sh. Vikas Jain was the proprietor of one of the firms and as a proprietor of a firm was found involved in issuing fake invoices having taxable value of ₹ 27.99 Crore and was also found involved in handling cash of other such firms issuing fake invoices to pass ITC fraudulently. Sh. Vikas

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Gurugram DGGI arrests 2 for input tax credit fraud of 25 crore
GST
Dated:- 20-11-2020

The Gurugram Zonal Unit of Directorate General of GST Intelligence has arrested two persons namely Mr. Naresh Mittal and Mr. Chhedi Lal Mittal, both cousins and having their firms at Naya Bazar, Delhi – 06. Both are residents of Bahadurgarh, Haryana.
An investigation was already undergoing in respect of fake invoices received without goods by one firm (name withheld, hereinafter Firm X) situated in the area of Sadar Bazar, Delhi – 06 from 22 suspicious firms. Visits had been conducted at the registered addresses of these firms, which were not found in existence at the given addresses. In some cases, the firms were shown registered at vacant

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tails thereafter. Investigations were therefore, further carried on by checking bank payment details which unearthed that while in the narration of the transfer entry, vendor firms' names were appearing, but the crediting accounts were in the names of a different person/firm.
One such firm was M/s Prag Enterprises situated at Naya Bazar Delhi. Banking transactions revealed that this firm was receiving huge amounts through RTGS/ Online Transfer from M/s Super Tech, M/s TulsiyanImpex and other firms. Search conducted at the business premises at this firm revealed that another firm namely M/s P C Traders was also receiving huge money through RTGS/Online from these firms and some other firms. During interrogation, both the cousins accepted the

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Telangana decides to go for Option-1 to meet the GST implementation shortfall
GST
Dated:- 18-11-2020

Telangana decides to go for Option-1 to meet the GST implementation shortfall
State will get ₹ 2,380 crore through special borrowing window and also permission to raise additional ₹ 5,017crore through borrowings
The Government of Telangana has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance to meet the shortfall in revenue arising out of GST implementation. The State has now joined 22 other States and 3 Union Territories (Delhi, Jammu & Kashmir and Puducherry) who have opted for Option-1.
The States who choose Option-1 are getting the amount of shortfall arisi

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l permission to borrow the final instalment of 0.50% of Gross State Domestic Product (GSDP) out of the 2% additional borrowings permitted by the Government of India, under AtmnirbharAbhiyaan on 17th May, 2020. This is over and above the Special Window of ₹ 1.1 lakh crores. On receipt of the choice of Option-1from the Government of Telangana, the Government of India has today granted the State Government of Telangana additional borrowing permission of ₹ 5,017 crore (0.5% of Telangana's GSDP).
States who have opted for Option-1 are – Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Rajasthan, Sikkim, Tel

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ihar
3231
866.51
5
Goa
446
186.36
6
Gujarat
8704
2046.80
7
Haryana
4293
966.04
8
Himachal Pradesh
877
381.13
9
Karnataka
9018
2754.08
10
Madhya Pradesh
4746
1008.21
11
Maharashtra
15394
2658.85
12
Manipur*
151
0.00
13
Meghalaya
194
24.77
14
Mizoram*
132
0.00
15
Nagaland*
157
0.00
16
Odisha
2858
848.39
17
Rajasthan
5462
327.01
18
Sikkim*
156
0.00
19
Tamil Nadu
9627
1385.52
20
Telangana#
5017
0.00
21
Tripura
297
50.43
22
Uttar Pradesh
9703
1333.32
23
Uttarakhand
1405
514.28
Total:
88931
16085.53
1
Delhi
0.00
1301.77
2
Jammu & Kashmir
0.00
504.26
3
Puducherry
0.00
108.44
Total:
0.00
1914.47
Grand Total
88931
18000.00
* These States have 'NIL' G

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One held for fraudulently passing Input Tax Credit of 13.08 crore by DGGI Rohtak
GST
Dated:- 17-11-2020

The Directorate General of GST Intelligence (DGGI), Rohtak Regional Unit, (under Gurugram Zonal Unit) has arrested one person namely, Sh. Satinder Kumar Singla, of Hisar who was found involved in issuing fake invoices from various firms without actual movement of goods having taxable value of ₹ 75 crore (approx.) and fraudulently passing ITC amounting to ₹ 13.08 crore

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Firm busted for availing benefit from bogus invoices of around 685 crore
GST
Dated:- 12-11-2020

On the basis of specific intelligence as well as further data mining/analysis on GSTN and E way bill portals, the officers of CGST Delhi South Commissionerate, have busted a syndicate of firms involved in availing invoices/E-way bills issued on the GSTIN of fake/dummy firms and getting Refund of IGST on the strength of such fake Invoices.
A case was booked against M/s. Baan Ganga Impex having their Principal Place of Business at L-10A, Ganga Tower, Mahipalpur, New Delhi-110037 (GSTIN 07AAMFB0425A1Z4).
From preliminary scrutiny of the seized documents, the data/information available on E-way Portal/GSTN portal, it is found that M/s

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Rajasthan decides to go for Option-1 to meet the GST implementation shortfall
GST
Dated:- 5-11-2020

Rajasthan decides to go for Option-1 to meet the GST implementation shortfall
State will get ₹ 4,604 Crores through special borrowing window and also permission to raise additional ₹ 5,462 Crores through borrowings
The Government of Rajasthan has communicated its acceptance for Option-1 out of the two options suggested by the Ministry of Finance to meet the shortfall in revenue arising out of GST implementation. The State has now joined 21 other States and 3 Union Territories (Delhi, Jammu & Kashmir and Puducherry) who have opted for Option-1.
The States who choose Option-1 are getting the amount of shortfall ari

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ow the final instalment of 0.50% of Gross State Domestic Product (GSDP) out of the 2% additional borrowings permitted by the Government of India, under Atmnirbhar Abhiyaan on 17th May, 2020. This is over and above the Special Window of ₹ 1.1 lakh crores. On receipt of the choice of Option-1from the Government of Rajasthan, the Government of India has today granted the State Government of Rajasthan additional borrowing permission of ₹ 5,462 crores (0.5% of Rajasthan's GSDP).
States who have opted for Option-1 are – Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Karnataka, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Odisha, Rajasthan, Sikkim, Tripura, Tamil Nadu,

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Central Government releases 6,000 crore as second tranche to 16 states and 3 Union Territories on account of GST compensation under Special Borrowing Window
GST
Dated:- 2-11-2020

Central Government releases ₹ 6,000 crore as second tranche to 16 states and 3 Union Territories on account of GST compensation under Special Borrowing Window
Ministry of Finance has facilitated loans of ₹ 12,000 crore till date under the Special Window to States/UTs
The Ministry of Finance, Government of India, under its “Special Window to States for meeting the GST Compensation Cess shortfall,” will be releasing an amount of ₹ 6000 crore as second tranche to 16 States and 3 Union Territories today. This amount was raised at a wei

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