New monthly GST return filing system to be rolled out from October
5 years, 9 months ago

New monthly GST return filing system to be rolled out from October

India TV News  

The Finance Ministry said Tuesday the new monthly GST return filing system will be rolled out from October. The existing monthly summary returns GSTR-3B shall be completely phased out from January 2020 when the new form 'GST RET-01' is set to replace it, the ministry said while announcing the roadmap for 'Transition plan to the new GST Return'. "From October, 2019 onwards, Form GST ANX-1 shall be made compulsory and Form GSTR-1 would be replaced by Form GST ANX-1", the ministry said. Large taxpayers would upload their monthly Form GST ANX-1 from October 2019 onwards.

2019 Ministry Filing File System Monthly Return Rs 5 Crore Rs 5 Taxpayers Form Gst Small Taxpayers  return  monthly  taxpayers  rolled  2019  form  gst  anx1  filing  ministry  system  file

History of this topic

India's GST rises by 9.1 pc in February 2025
1 month ago

India's GST rises by 9.1 pc in February 2025

Deccan Chronicle  

New Delhi: India's gross goods and services tax or GST collections rose by 9.1 per cent to about Rs 1.84 lakh crore in February 2025, while gross and net GST revenues in February 2024 were Rs 1.68 lakh crore and Rs 1.50 lakh crore. The GST revenue includes a 10.2 per cent jump in domestic revenues at Rs 1.42 lakh …

Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option
2 months, 2 weeks ago

Input tax credit: GSTR-2B statement delayed by 2 days, use recompute option

Hindustan Times  

The GSTR-2B statement will now be generated two days later on Thursday, January 16, from the originally scheduled date of January 14, for the December 2024 tax period. The draft GSTR-2B form will be automatically generated on January 16, 2025. "The Draft GSTR-2B for the month of December 2024 will now be generated on 16th January 2025 in accordance with …

GST Filing Deadline Extended by 2 Days Due to Technical Issues
2 months, 3 weeks ago

GST Filing Deadline Extended by 2 Days Due to Technical Issues

Deccan Chronicle  

New Delhi: The government on Friday extended the deadline for filing monthly goods and services tax or GST sales return form GSTR-1 and GST payment by 2 days after taxpayers reported technical glitches in the GSTN system. As per a notification by the Central Board of Indirect Taxes and Customs, the last date for filing GSTR-1 for December is January …

GST return filing and payment deadline extended by two days after technical snag hits GSTN system
2 months, 3 weeks ago

GST return filing and payment deadline extended by two days after technical snag hits GSTN system

Live Mint  

GST return filing: The government on Friday, January 10, extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by two days after taxpayers reported technical glitches in the GST Network system. GST return filing deadline extended amid technical snag Normally, the last date for filing GSTR-1 for monthly return filers is January 11, 2025, while …

GST filing deadline extension under consideration after online portal's brief outage
2 months, 3 weeks ago

GST filing deadline extension under consideration after online portal's brief outage

Hindustan Times  

The Central Board of Indirect Taxes and Customs may consider giving an extension for filing Goods and Services Tax after the online portal was temporarily down on Friday, January 10, 2025. The GSTN added that the portal can be expected to be operational by 12:00 noon and that the CBIC is being sent an incident report to consider extension in …

GST filing delayed as portal glitches persist. Deadline extension expected
2 months, 3 weeks ago

GST filing delayed as portal glitches persist. Deadline extension expected

India Today  

Businesses across India face a potential delay in filing their GSTR-1 returns as the Goods and Services Tax Network portal encounters technical difficulties. Thank you for your understanding and patience!” TECHNICAL ISSUES DISRUPT FILING PROCESS The GSTN portal, essential for filing GST returns, has been under maintenance due to technical glitches. While the system is expected to be operational by …

GSTR-9 simplified: Filing, features, deadlines and other details
3 months, 1 week ago

GSTR-9 simplified: Filing, features, deadlines and other details

India Today  

GSTR-9 is the annual return to be filed by taxpayers registered under Goods and Services Tax, offering a comprehensive overview of sales, purchases, and the GST charged and paid during the financial year. GSTR-9 is mandatory for GST taxpayers with an aggregate annual turnover exceeding Rs 2 crore for the financial year 2023-2024. However, the following categories are exempt from …

GST mopup surges 8.5 per cent to 1.82 lakh crore in November
4 months ago

GST mopup surges 8.5 per cent to 1.82 lakh crore in November

Deccan Chronicle  

New Delhi: India's gross goods and service tax or GST mopup surged by 8.5 per cent to over Rs 1.82 lakh crore in November on year-on-year basis as compared to Rs 1.68 lakh crore in the same month last year. As per the data released by the finance ministry, the total gross GST revenue grew 8.5 per cent to over …

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1
7 months, 1 week ago

GST taxpayers without valid bank accounts to be barred from filing GSTR-1 from Septemer 1

The Hindu  

GST taxpayers who do not furnish bank account details to GST authorities will be barred from filing outward supply return GSTR-1 from September 1, GST Network has said in an advisory. As per GST Rule 10A, a taxpayer is required to furnish details of a valid bank account within a period of 30 days from the date of grant of …

GST Council Rolls Out GSTR-1A To Facilitate The Taxpayers To Amend Details In FORM GSTR-1
9 months, 1 week ago

GST Council Rolls Out GSTR-1A To Facilitate The Taxpayers To Amend Details In FORM GSTR-1

Live Law  

The Union Finance Minister, Nirmala Sitharaman in the 53rd GST Council Meeting proposed to roll out GSTR-1A to facilitate the taxpayers to amend the details in FORM GSTR-1.The Council recommended providing a new optional facility by way of FORM GSTR-1A to facilitate the taxpayers to amend the details in FORM GSTR-1 for a tax period and/ or to declare additional …

GST collection rises 10% to ₹1.73 lakh crore in May
10 months ago

GST collection rises 10% to ₹1.73 lakh crore in May

The Hindu  

The country's gross GST collections rose to ₹1.73 lakh crore in May, growing 10% year on year driven by increased revenues from domestic transactions, the finance ministry said on Saturday. After accounting for refunds, the net GST revenue for May 2024 stood at ₹1.44 lakh crore, reflecting a growth of 6.9% compared to the same period last year. The gross …

GST revenues rev up to second-highest ever in Jan.
1 year, 2 months ago

GST revenues rev up to second-highest ever in Jan.

The Hindu  

India’s Goods and Services Tax regime delivered its second-highest monthly revenues of ₹1,72,129 crore in January, as per data collected by Wednesday evening and shared by the Finance Ministry. In April 2023, GST collections had crossed a record ₹1.87 lakh crore aided by year-end compliances, while October had clocked a tad over ₹1.72 lakh crore which was the second-highest monthly …

'File ITR at earliest as govt not contemplating extension of July 31 deadline'
1 year, 8 months ago

'File ITR at earliest as govt not contemplating extension of July 31 deadline'

Deccan Chronicle  

New Delhi: Revenue Secretary Sanjay Malhotra has asked income tax payers to file their return at the earliest as the finance ministry is not contemplating extension of the July 31 deadline. About 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for assessment year 2022-23. As per the Budget 2023-24, …

File ITR at earliest as govt not contemplating extension of July 31 deadline: Revenue secretary
1 year, 8 months ago

File ITR at earliest as govt not contemplating extension of July 31 deadline: Revenue secretary

India TV News  

As the finance ministry is not contemplating an extension of the July 31 deadline, Revenue Secretary Sanjay Malhotra has urged the income taxpayers to file their returns at the earliest. About 5.83 crore income tax returns were filed as on July 31 last year, the last day for filing returns for assessment year 2022-23. As per the Budget 2023-24, the …

GST Mop-Up Rises 12% to Over Rs 1.61L Cr in June
1 year, 9 months ago

GST Mop-Up Rises 12% to Over Rs 1.61L Cr in June

Deccan Chronicle  

New Delhi: India's goods and services tax marked its sixth anniversary on Saturday, with the ministry of finance reporting that the gross GST revenue collection for June exceeded Rs 1.61 lakh crore, indicating a 12 per cent year-on-year growth. The ministry stated that the collection surpassed Rs 1.6 lakh crore for the fourth time since the inception of GST, maintained …

India's Gross GST Revenue Collection Up 12% in June
1 year, 9 months ago

India's Gross GST Revenue Collection Up 12% in June

Deccan Chronicle  

NEW DELHI: With India’s goods and services tax or GST having completed six years on Saturday, the ministry of finance said that India's gross GST revenue collection in June stood at over Rs 1.61 lakh crore, registering a 12 per cent growth year-on-year basis. However, the gross GST collection crossed Rs 1.6 lakh crore mark for fourth time since inception …

CBIC Extends Due Date For Filing GSTR-1, GSTR-3B, GSTR-7 In Manipur
1 year, 9 months ago

CBIC Extends Due Date For Filing GSTR-1, GSTR-3B, GSTR-7 In Manipur

Live Law  

The Central Board of Indirect Taxes and Customs has extended the due date of filing of GSTR-1, GSTR-3B, and GSTR-7 for the months of April and May 2023 for taxpayers whose principal place of business is in the State of Manipur till June 30, 2023.The notification will be effective from May 31, 2023.Form GSTR-1 is a monthly/quarterly Statement of Outward …

CBIC Extends Due Date For Filing GSTR-1 For The Month Of November 2022 For Several Districts In Tamil Nadu
2 years, 3 months ago

CBIC Extends Due Date For Filing GSTR-1 For The Month Of November 2022 For Several Districts In Tamil Nadu

Live Law  

The Central Board of Indirect Taxes and Customs has extended the due date for filing GSTR-1 for the month of November 2022 in several districts of Tamil Nadu till December 13.The deadline for filing the GSTR-1 in Chennai, Tiruvallur, Chengalpattu, Kancheepuram, Tiruvannamalai, Ranipet, Vellore, Villupuram, Cuddalore, Thiruvarur, Nagapattinam, Mayiladuthurai, and Thanjavur has. The Central Board of Indirect Taxes and Customs …

Taxpayers To File Previous Tax Periods GSTR-1 Before Filing Current Period GSTR-1: CBIC
2 years, 4 months ago

Taxpayers To File Previous Tax Periods GSTR-1 Before Filing Current Period GSTR-1: CBIC

Live Law  

The Central Board of Indirect Taxes and Customs has announced the important changes that have been made in the return filing process.The CBIC stated that the taxpayers need to file previous tax periods on GSTR-1 before filing the current period on GSTR-1. GSTR-1 for the current period needs to be filed before filing GSTR-3B for the tax period.Form GSTR-1 is …

CBIC extends GSTR 3B filing return due date amid glitches in GSTN portal
2 years, 5 months ago

CBIC extends GSTR 3B filing return due date amid glitches in GSTN portal

Firstpost  

Due to the slow functioning of the GSTN portal, the GST Implementation Committee of the GST Council had approved extension of the due date of GSTR-3B return filing for the month of September 2022, for the monthly filers, from 20 October to 21 October. The Central Board of Indirect Taxes and Customs stated in a tweet that it had received …

Govt extends deadline for filing September GST return till Oct 21
2 years, 5 months ago

Govt extends deadline for filing September GST return till Oct 21

India TV News  

Highlights Monthly return and tax payment form GSTR-3B is filed in staggered manner The form is filed between the 20th, 22nd, and 24th of each month by taxpayers GST Network provides the technology backend for running Goods and Services Tax The government has extended the deadline for filing GST returns for the month of September by a day to October …

For sixth month in a row, GST revenues cross ₹1.4 lakh crore mark
2 years, 7 months ago

For sixth month in a row, GST revenues cross ₹1.4 lakh crore mark

The Hindu  

India’s gross revenues from the Goods and Services Tax were ₹1,43,612 crore in August, 28% higher than a year ago. This is the sixth successive month when GST revenues have been over the ₹1.4 lakh crore mark, the Finance Ministry said, stressing that GST collections have risen 33% till August this year, compared to the same period of 2021-22, and …

GSTN Portal To Remain Open During September-October for Pre-GST Credit Forms, Directs SC
2 years, 8 months ago

GSTN Portal To Remain Open During September-October for Pre-GST Credit Forms, Directs SC

News 18  

Goods and Services Tax : In a major decision, the Supreme Court has directed the GSTN portal to be kept open between September 1 and October 31 for the registered assessees to upload TRAN-1 and TRAN-2 forms. Abhishek Jain, tax partner at KPMG in India, said, “This decision comes in light of the on-going dispute wherein various tax payers had …

CBIC Exempts Registered Person From Filing Annual Return Whose Aggregate Turnover In FY 2021-22 Is Upto Rs. 2 Crores
2 years, 8 months ago

CBIC Exempts Registered Person From Filing Annual Return Whose Aggregate Turnover In FY 2021-22 Is Upto Rs. 2 Crores

Live Law  

The Central Board of Indirect Taxes and Customs, on the recommendation of the GST Council, has exempted the registered person from filing an annual return whose aggregate turnover in the financial year 2021-22 is up to Rs. The Board has inserted a provision that the persons shall furnish a statement containing the details of self-assessed tax in FORM GST CMP-08 …

GST: No Need For FY22 Annual Return if Turnover Up To Rs 2 Crore; UPI Allowed For GSTN Payment
2 years, 8 months ago

GST: No Need For FY22 Annual Return if Turnover Up To Rs 2 Crore; UPI Allowed For GSTN Payment

News 18  

GST Council Recommendations Accepted: The government has exempted registered persons whose aggregate turnover in the financial year 2021-22 was up to Rs 2 crore from filing the annual return for the financial year. Jain said, “The government has granted the exemption to taxpayers with aggregate turnover of up to Rs 2 crore in FY 2021-22 from filing annual return for …

GST Council Waives Late Fee for Delay in GSTR-4 Filing; Changes in GSTR-3B on Cards
2 years, 9 months ago

GST Council Waives Late Fee for Delay in GSTR-4 Filing; Changes in GSTR-3B on Cards

News 18  

Goods and Service Tax Council in a bid to ease the burden of taxpayers has decided on a waiver of late fee for delay in filing FORM GSTR-4 for FY 2021-22 and extension of due date for filing form GST CMP-08 for Q1 of FY 2022-23. The GST Council decided on a waiver of late fee for delay in filing …

GST: Deadline To File Returns Under These Categories Ending Today
2 years, 9 months ago

GST: Deadline To File Returns Under These Categories Ending Today

News 18  

Goods and services tax : Today is the last day to file the monthly GSTR-3B return for May for taxpayers who are not under the QRMP scheme, according to the Central Board of Indirect Taxes & Customs. For non-resident GST taxpayers, June 20 is the last day for filing monthly GSTR-5 Return for the month of May. Today is the …

CBIC Waives Late Fees For Delayed Filing Of GSTR-4 Till 30 June, 2022
2 years, 10 months ago

CBIC Waives Late Fees For Delayed Filing Of GSTR-4 Till 30 June, 2022

Live Law  

The Central Board of Indirect Taxes and Customs has waived the late fees for delayed filing of GSTR-4 from May 1, 2022 till June 30, 2022. The CBIC, empowered under section 128 of the Central Goods and Services Tax Act, 2017 on the recommendations of the Council, amended notification No. "Provided also that the late fee payable for delay in …

Types of GST Returns and how to file: Step-by-step guide
3 years ago

Types of GST Returns and how to file: Step-by-step guide

India Today  

Goods and services tax is an indirect tax applicable from July 1st, 2017 across India. Who has to file GST Return: All registered businesses have to file monthly, quarterly, and/or annual GST Returns based on the type of business. List of GST Returns: GSTR-1 - The registered taxable supplier should file details of outward supplies of taxable goods and services …

Amendments in GST regime to be implemented from 1 January: All you need to know
3 years, 3 months ago

Amendments in GST regime to be implemented from 1 January: All you need to know

Firstpost  

From 1 January, it will also be mandatory for all businesses to get an Aadhaar authentication for claiming their GST funds In order to prevent fraudulent activities pertaining to billing and recovery, the Union government has made changes to the current Goods and Services Tax regime. New GST Rules -Currently, a company has to file two monthly returns which are …

GSTR-1 Filing Rule Set to Change from Next Month. Know Details
3 years, 7 months ago

GSTR-1 Filing Rule Set to Change from Next Month. Know Details

News 18  

As of next month, taxpayers who have not yet filed their GSTR-3B returns for the past two months will not be allowed to file GSTR-1 return forms. This new rule change also applies to those taxpayers who have not furnished their Form GSTR-3B for the preceding quarter as well. In the advisory that was circulated on Thursday, the authority said, …

GST collections cross Rs 1-L cr mark in July
3 years, 8 months ago

GST collections cross Rs 1-L cr mark in July

Deccan Chronicle  

New Delhi: With more relaxation in Covid restrictions, the gross goods and services tax revenue collected in July has again crossed the Rs 1-lakh mark to Rs 1,16,393 crore, up by 33 per cent as compared to the same month last year. As per the ministry data, out of the gross GST collection of Rs 1,16,393 crore, the CGST is …

Enhanced GST revenue collections should now be 'new normal': Sitharaman
3 years, 9 months ago

Enhanced GST revenue collections should now be 'new normal': Sitharaman

India TV News  

Commending taxmen for the enforcement measures in dealing with GST fraud, Finance Minister Nirmala Sitharaman on Thursday said the enhanced revenue collection in the recent months should now be the "new normal". In a message to tax officers on the fourth anniversary of historic tax reform GST, she said in the last four years the taxpayer base has almost doubled …

66 cr returns filed, 1.3 cr taxpayers onboard: FinMin recounts GST milestones ahead of fourth anniversary
3 years, 9 months ago

66 cr returns filed, 1.3 cr taxpayers onboard: FinMin recounts GST milestones ahead of fourth anniversary

Live Mint  

On the eve of fourth anniversary of Goods and Services Tax, Finance Ministry stated the indirect tax regime has helped lower tax rates and made compliance easier. More than 66 crore GST returns have been filed so far," the Finance Ministry said in a tweet. Listing the achievements of the GST, the Finance Ministry stated that the tax regime has …

Monthly GST return filing deadline extended till June 26
3 years, 10 months ago

Monthly GST return filing deadline extended till June 26

Live Mint  

The government on Monday said the deadline for filing monthly GST sales returns for May has been extended by 15 days till June 26. The due date for furnishing details of outward supplies in Form GSTR-1 for the month of May 2021 is extended by 15 days. The GST Council also approved extending by three months till July 31 the …

Govt Waves Late Fee for GSTR-3B, Tax Return Dates Extended Due to COVID-19
3 years, 11 months ago

Govt Waves Late Fee for GSTR-3B, Tax Return Dates Extended Due to COVID-19

News 18  

The government has waived late fee on delayed filing of monthly return GSTR-3B and tax payment for the months of March and April and also cut interest rate for late filers. Taxpayers with a turnover of over Rs 5 crore have been given 15 days extra time to file monthly summary return GSTR-3B and pay taxes without paying any late …

COVID relief: Govt allows businesses to verify monthly GST returns through EVC till May 31
3 years, 11 months ago

COVID relief: Govt allows businesses to verify monthly GST returns through EVC till May 31

India TV News  

The government has allowed businesses to verify through electronic verification code monthly GST returns filed till May 31. AMRG & Associates Senior Partner Rajat Mohan said, "GST authorities have finally given the first COVID induced relief during the second wave of the pandemic". Corporate taxpayers can now file monthly compliances through EVC till May 31 and this will benefit thousands …

GST collections cross Rs 1 lakh cr for fifth month, rise 7% to Rs 1.13 lakh cr in Feb
4 years, 1 month ago

GST collections cross Rs 1 lakh cr for fifth month, rise 7% to Rs 1.13 lakh cr in Feb

India TV News  

GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row in February, rising 7 per cent annually to over Rs 1.13 lakh crore, indicating economic recovery, the finance ministry said on Monday. "In line with the trend of recovery in the GST revenues over past five months, the revenues for the month of February 2021 …

Govt extends due date for filing FY20 GST annual returns till March 31
4 years, 1 month ago

Govt extends due date for filing FY20 GST annual returns till March 31

India TV News  

The government on Sunday extended the deadline for filing GST annual returns for 2019-20 fiscal by a month till March 31. “In view of the difficulties expressed by the taxpayers in meeting this time limit, Government has decided to further extend the due date for furnishing of GSTR-9 and GSTR-9C for the financial year 2019-20 to March 31, 2021 with …

GST Revenue Collection All-Time High in Dec at Rs 1.15 Lakh Cr; In Tune With Recovery Trend, Says Govt
4 years, 3 months ago

GST Revenue Collection All-Time High in Dec at Rs 1.15 Lakh Cr; In Tune With Recovery Trend, Says Govt

News 18  

GST collections touched a record high of over Rs 1.15 lakh crore in December, reflecting festive demand and reflating economy. The gross GST revenue collected in the month of December 2020 is Rs 1,15,174 crore and is the highest since the introduction of Goods and Services Tax from July 1, 2017, the Finance Ministry said in a statement. ✅GST Revenue …

Traders urge Finance minister, GST council to modify new GST notification
4 years, 3 months ago

Traders urge Finance minister, GST council to modify new GST notification

India TV News  

Trading community on Sunday urged Union Finance Minister Nirmala Sitharaman and Goods and Goods and Services Tax Council to withdraw certain provisions of the new GST notification issued a few days back. In a memorandum, Federation of All India Vyapar Mandal- a national body of small traders - advocating for a single-point GST collection, urged for certain changes in the …

Top 25,000 GST Payers of October Yet to File Returns in November, Tax Officers to Send Reminders
4 years, 4 months ago

Top 25,000 GST Payers of October Yet to File Returns in November, Tax Officers to Send Reminders

News 18  

GST officers have identified top 25,000 taxpayers who last month filed GST returns but have not yet done so for November and would personally follow up with them by sending SMS and email communications, sources said. Sources said GST Network, which handles the IT backbone for Goods and Services Tax, along with tax officials would persuade these 25,000 taxpayers who …

Deadline for Filing FY19 GST Annual Returns Extended Till December 31
4 years, 5 months ago

Deadline for Filing FY19 GST Annual Returns Extended Till December 31

News 18  

The government on Saturday extended the deadline for furnishing GST annual returns for FY 2018-19 by two months till December 31. The government had last month extended the last date for filing GST annual return and audit report for the 2018-19 fiscal by a month till October 31, 2020. In a statement, the Central Board of Indirect Taxes and Customs …

CBIC Extends Last Date for Filing Annual Return in GSTR-9, GSTR 9C for 2018-19 to October 31
4 years, 6 months ago

CBIC Extends Last Date for Filing Annual Return in GSTR-9, GSTR 9C for 2018-19 to October 31

News 18  

The Central Board of Indirect Taxes and Customs has informed that the due date for filing annual return in GSTR-9 and GSTR 9C for 2018-19 has been pushed back from September 30 to October 31. “After obtaining due clearances from the Election Commission in view of the Model Code of Conduct, Government has extended due date for furnishing Annual Return …

GST E-invoicing Mandatory from October 1 for Firms with Annual Turnover of Over Rs 500 Crore
4 years, 6 months ago

GST E-invoicing Mandatory from October 1 for Firms with Annual Turnover of Over Rs 500 Crore

News 18  

No further relaxation is likely in terms of e-invoicing as the Centre is set to go ahead with the decision to make GST e-invoicing mandatory for companies with annual turnover of over Rs 500 crore for their business-to-business transactions starting October 1. The relief, however, would be there for relatively smaller businesses, as the threshold for mandatory e-invoicing, a step …

Pre-filled GST return form soon: GSTN CEO Prakash Kumar
4 years, 6 months ago

Pre-filled GST return form soon: GSTN CEO Prakash Kumar

India TV News  

GST-registered businesses will soon get pre-filled Return form, GSTR-3B, GST Network Chief Executive Officer Prakash Kumar said on Monday. "We are moving towards providing taxpayers with a pre-filled GSTR-3B form so that they can pay their taxes at ease. GSTN, which handles the IT backbone for Goods and Services Tax has already started providing tax liability data based on sales …

Late fee on GST returns capped till July to Rs 500
4 years, 9 months ago

Late fee on GST returns capped till July to Rs 500

New Indian Express  

NEW DELHI: In a major relief to the GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500 per return for the extended tax period of July 2017 to July 2020 subject to the condition that such returns are filed before September 30, 2020. The Central Board of Indirect taxes and Customs …

Govt extends last date for filing annual GST return for FY19 by 3 months till September
4 years, 10 months ago

Govt extends last date for filing annual GST return for FY19 by 3 months till September

Firstpost  

The government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September 2020 New Delhi: The government has extended the last date for filing annual GST return for the financial year 2018-19 by three months till September 2020. A notification has been issued to extend the time limit for furnishing …

GST collection crosses Rs 1 lakh cr-mark in February; gross revenue up 8% at Rs 1.05 lakh cr
5 years, 1 month ago

GST collection crosses Rs 1 lakh cr-mark in February; gross revenue up 8% at Rs 1.05 lakh cr

Firstpost  

GST revenues during February from domestic transactions have shown a growth of 12 percent over the same month last year New Delhi: The government on Sunday said it has collected Rs 1.05 lakh crore as GST revenue in February, up 8 percent over the same month last year. “The gross GST revenue collected in the month of February, 2020 is …

Parliament panel asks govt to prevent misuse of input tax credit under GST as revenue collection slows in recent months
5 years, 3 months ago

Parliament panel asks govt to prevent misuse of input tax credit under GST as revenue collection slows in recent months

Firstpost  

GST revenue collection crossed the Rs 1 lakh crore mark after a gap of three months in November, with the revenue growing by 6 percent to Rs 1.03 lakh crore in the month. New Delhi: A Parliamentary panel on finance on Tuesday observed that the Goods and Services Tax collection has slowed down in recent months and asked the government …

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