News

An accountant in Jamnagar has been accused of defrauding a factory owner by using the GST number of a business that closed four years ago.

Tax Fraud: Accountant Fraudulently claimed Rs.5 Crore ITC via using a closed GST Number of his Factory Owner

GSTN in accordance with Rule 37A of CGST Rules, has implemented a procedure for the reversal of GST ITC when the supplier is unable to file the GSTR-3B return through the GST Portal.

GST ITC now Auto-populates in GSTR-2B for Reversal under Rule 37

Since the implementation of the GST in 2017, a sophisticated scam has thrived, leveraging systemic flaws to drain thousands of crores from the exchequer each year.

GST Fraud: Commissioner Reveals New Tactics and Biometric Technology to Catch Masterminds

The Goods and Services Tax Network (GSTN) has issued an additional Frequently Asked Questions on Invoice Management System (IMS).

GSTN issues Additional FAQs on Invoice Management System (IMS)

The Goods and Services Tax Network (GSTN) has issued an Advisory on Hard - Locking of Auto-Populated Values in GSTR-3B.

GSTN issued Advisory on Hard - Locking of Auto-Populated Values in GSTR-3B

Circulars

CBIC has issued a Circular on Clarification about the waiver of interest and penalties under Section 128A of the CGST Act of 2017.

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Tax Fraud: Accountant Fraudulently claimed Rs.5 Crore ITC via using a closed GST Number of his Factory Owner

GST ITC now Auto-populates in GSTR-2B for Reversal under Rule 37

GST Fraud: Commissioner Reveals New Tactics and Biometric Technology to Catch Masterminds

GSTN issues Additional FAQs on Invoice Management System (IMS)

GSTN issued Advisory on Hard - Locking of Auto-Populated Values in GSTR-3B

CBIC issued Clarification on Taxpayers Concerns related to Section 128A of CGST Act