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CGST authorities bust input tax credit fraud of more than Rs 31,000 crore involving more than 7,200
The Goods and Services Tax authorities have unearthed over Rs 31,000 crore of tax fraud committed by misuse of input tax credit (ITC)...
STEPWAY SOLUTIONS
Aug 4, 20212 min read
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GST authorities recover more than Rs 1,900 crore in tax evasion in FY 2021-22 (upto June 2021)
The interface for the taxpayers is on a digital platform and software-based, to be used for payment of tax and to comply with the...
STEPWAY SOLUTIONS
Aug 4, 20212 min read
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GST Revenue collection for July 2021 ₹1,16,393 crore gross GST revenue collected in July
The gross GST revenue collected in the month of July 2021 is ₹ 1,16,393 crore of which CGST is 22,197 crore, SGST is ₹ 28,541 crore,...
STEPWAY SOLUTIONS
Aug 2, 20212 min read
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New functionality on Annual Aggregate Turnover (AATO) deployed on GST Portal for taxpayers.
GSTN has implemented a new functionality on taxpayers’ dashboards with the following features: • The taxpayers can now see the exact...
STEPWAY SOLUTIONS
Jul 28, 20211 min read
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54,439 appreciation certificates given to taxpayers on eve of completion of 4 years of GST
54,439 appreciation certificates given to taxpayers on eve of completion of 4 years of GST For their substantial contribution in payment...
STEPWAY SOLUTIONS
Jul 27, 20211 min read
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CBIC reduces compliance burden by abolishing renewals of licenses/registrations
The Central Board of Indirect Taxes and Customs (CBIC) has w.e.f. 23.07.2021 abolished the requirement of periodic renewals of...
STEPWAY SOLUTIONS
Jul 26, 20211 min read
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Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4
Filing of Annual returns by composition taxpayers. - Negative Liability in GSTR-4 Instances have come to notice where taxpayers are...
STEPWAY SOLUTIONS
Jul 23, 20212 min read
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GST Compensation dues paid to States
The Government has paid all the GST Compensation dues to the States the financial years 2020-21 and 2021-22. This was stated by Minister...
STEPWAY SOLUTIONS
Jul 20, 20212 min read
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Government of India’s release of RS 75,000 crore to States and UTs under the back-to-back loan
Government of India’s release of RS 75,000 crore to States and UTs under the back-to-back loan facility in-lieu of GST compensation not...
STEPWAY SOLUTIONS
Jul 16, 20211 min read
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CGST Zones and Directorate General of GST Intelligence booked about 8000 cases
Involving fake ITC of over Rs. 35000 crore in FY 2020-21. Misuse of the beneficial provision of Input Tax Credit (ITC) under GST regime...
STEPWAY SOLUTIONS
Jul 13, 20213 min read
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CGST officials bust network of 23 firms for claiming input tax credit of Rs 91 crore
Based upon specific intelligence, the officers of the Anti Evasion branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi...
STEPWAY SOLUTIONS
Jul 13, 20212 min read
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GST Online Training | 100% Practical Explanation in Telugu & English Language
This Course specially designed for Telugu states Commerce students & who are looking to improve knowledge in GST. How to claim this...
STEPWAY TRAININGS
Jul 11, 20211 min read
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Revenue Deficit Grant of Rs. 9,871 crore released to 17 States
Total Revenue Deficit Grant of Rs. 39,484 crore released to States in the current financial year The Department of Expenditure, Ministry...
STEPWAY SOLUTIONS
Jul 8, 20212 min read
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Important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers
Few important changes related to QRMP Scheme implemented on the GST Portal for the taxpayers are as given below: A.Auto population of...
STEPWAY SOLUTIONS
Jul 8, 20212 min read
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GST Revenue collection for June 2021
92,849 crore gross GST revenue collected in June’ 2021. The gross GST revenue collected in the month of June’ 2021 is92,849 crore of...
STEPWAY SOLUTIONS
Jul 8, 20212 min read
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Functionality to register complaint on misuse of PAN in GST Registration
To address the complaint related to misuse of PAN for obtaining GST registration, a functionality to register such complaints on GST...
STEPWAY SOLUTIONS
Jul 8, 20211 min read
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44th gst council meeting held through Video Conferencing on 12th June 2021 (Highlights)
The 44th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman via video...
STEPWAY SOLUTIONS
Jul 7, 20211 min read
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43rd GST Council Meeting held on 28th May 2021 (Highlights)
The 43rd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman through video...
STEPWAY SOLUTIONS
Jul 7, 20212 min read
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42nd GST Council Meeting held on 5th & 12thOctober 2020 by Video Conferencing (Highlights)
The 42nd GST Council meeting finally took place in New Delhi on 5th October 2020. The meeting chaired the finance minister Nirmala...
STEPWAY SOLUTIONS
Jul 7, 20211 min read
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41st GST Council Meeting held on 27th August 2020 (Highlights)
The 41st GST Council Meeting was organized on August 27, 2020, till 5:30 pm. The GST council meeting members discussed the “revenue...
STEPWAY SOLUTIONS
Jul 7, 20212 min read
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