Throughout the five years of GST fraud, Rs 3.11 million crore was taken, with just Rs 1.03 million crore recovered. With a total of Rs 60,000 crore in misappropriation discovered across all states, Maharashtra led the list, followed by Rs 40,507 crore in Karnataka, Rs 26,156 crore in Gujarat, and Rs 24,217 crore in Delhi. … Read more
Real estate professionals and developers want the government to rationalise the GST on under construction properties in order to stimulate sales. As a result of having to pay GST in addition to stamp duty and registration fees, the sale of properties under construction has declined. Pankaj Kapoor, an expert in real estate and the founder … Read more
The goal of this article is to cover all GST notification 2023. All CGST (Rate) Notifications issued in the year 2023 have been covered in this article. notifications on gst issued in the year 2023 have been covered in this article. In addition gst notification 2023 latest pdf download facility has been provided in this … Read more
The goal of this article is to cover all GST notifications 2023. All CGST Notifications issued in the year 2023 have been covered in this article. notifications on gst issued in the 2023 have been covered in this article. In addition gst notification 2023 latest pdf download facility has been provided in this article. Means … Read more
every one has common question about do restaurants charge GST? It’s always enjoyable to go out with family and friends. We dine and drink while having a good time together. Before saying goodbye, we hurriedly settle our bills, but we frequently overlook the amount subject to the Goods and Services Tax, or GST. Even though … Read more
Online gaming industries opposes the changes in TDS and GST on online gaming. The online gaming industries has gone to the Central Board of Direct Taxes (CBDT) and the Prime Minister’s Office (PMO) to oppose changes to tax deduction at source (TDS) and Goods and Service Tax (GST) that would affect the sector. On February … Read more
Actions has been taken against GST fake billing in past 2 years after introduction of GST. After GST was implemented, there was more tax evasion, so the state government seems to have made it harder for people to get away with it. In Gujarat, where fake billing scams and tax evasion are becoming more common, … Read more
The Uttarakhand GST department exposes a group that used gst fake invoice to legalise the sale of illegal wood and avoid tax worth crores. According to officials, a group of traders who would set up fictitious companies to provide a legal cover for their unlawful trade in timber and related products and escape GST amounting … Read more
GSTN update ; GST portal has enabled the option to transfer the amount in Electronic Cash Ledger of one GSTIN to another GSTIN (entity having same PAN) by filling of Form PMT-09.
GST Collection February 2023 has exceeded 1.4 lakh crore for twelve consecutive months GST Collection February 2023 as compared to same month of last year Here the GST revenue Collection 2023 is compared with the same month of last year. That means, it is compared with GST Collection February 2022. GST Revenue Collection Amount₹ Gross … Read more