CGST

Gujarat collects Rs 6,608 crore as GST for October

AHMEDABAD: The collection for Goods and Services Tax (GST) in the state for the month of October stood at Rs 6,608 crore, according to data provided by the state commercial tax department. This includes integrated GSTworth Rs 2,286.75 crore in addition to Rs 1,400.83 crore of central GST and Rs 1,880.83 worth of state GST. Cessworth Rs 314.58 crore was also […]

Addressing GST blues of exporters

Both, the rules and procedures for claiming export refunds need to be tweaked Indian exporters are waiting for the GST refunds for exports made in July, August, and September, even as the monthly refund cycle is yet to start substantively. Timely refunds reduce working capital requirement and hence are an essential part of the GST […]

GST pe charcha: Chai tax rescinded

AHMEDABAD: After introduction of Goods & Service Tax (GST) in July, a highway hotel charged the tax from a car driver over two cups of tea. This did not go well with the driver and he successfully fought a legal battle to claim the meagre amount of Rs7.63 back. A consumer court in Rajkot ordered […]

‘Maintenance of records is compulsory under GST’

MIDC Industries Association (MIA) conducted an educative seminar on GST for the members of the Association. The seminar was organised at MIA House. The faculties were CA Kirti Agrawal, CA Shambhu Tekriwal, trade representative of NVCC and Director of NCCL, CA Rakesh Agrawal and CA Eshuji Jain. Speaking on the occasion, CA Kirti Agrawal threw […]

CGST superintendent caught accepting bribe

AHMEDABAD: Anti corruption bureau (ACB) on Wednesday trapped a superintendent of central goods and service tax (CGST) class II officer, technical export, Bipin Bhatsera accepting a bribe of Rs 3,500 for issuing a letter of undertaking (LUT) certificate under the norms of GST to a trader. According ACB sources a trader had applied for LUT […]

Government extends deadline for filing GST returns

Due to sudden surge in filing of returns that led overload GST network. The IT backbone for GST extended the date for filling of returns. GSTR 1 has been extended to September 10 against the earlier deadline of tomorrow. Subsequently, filling of GSTR 2 and GSTR 3 has been extended to September 25 and 30 […]

GST evasion worth lakhs detected in crackdown against ‘Peti’ mafia

Ludhiana: In a major crackdown on the ‘Peti’ mafia at the railway station, the investigation wing of excise and taxation department Punjab on Thursday seized 245 cartons of incoming goods, offloaded from three trains, which were being transported into Ludhiana without paying taxes. In the process, the department detected tax evasion worth lakhs, claiming it […]