Gst Returns
Recent Highlights
All Stories for Gst Returns
GST collections dip to 19-month low of Rs 91,916 cr in September; 75.94 lakh returns filed: Finance ministry
•The Goods and Services Tax (GST) collection in September declined to Rs 91,916 crore, as against Rs 98,202 crore in the preceding month, as per government data released on Tuesday
Promoters, directors now getting SMS alerts for discrepancies in returns filed, GST non-payment
•The GST Network has developed a system whereby SMSes are being sent to promoters, directors and proprietors automatically in case of default in payment of tax, filing of returns or mismatch in ITC claims by the business entities, its Chief Executive Prakash Kumar said
Tax and legal consultants seeks extension of GST return filing for 2017-18 by four months
•Tax and legal consultants Wednesday complained about the time-limit of three months given to file the GST returns for 2017-18 as hundreds of amendments, notifications and circulars have made the Act very complex
Restaurants, small B2C entities under scanner for GST evasion; tax department develops mechanism to deal with issue
•Several consumers have filed complaints through a mobile app -Iris Peridot - that GST was charged by small restaurants but the eatery neither deposited taxes with the government nor filed GST returns
Non-filers of GST returns for 6 consecutive months to be barred from generating e-way bills for movement of goods
•Central tax officers have detected 3,626 cases of GST evasion/violations cases, involving Rs 15,278.18 crore in April-December period.
Budget 2019: Arun Jaitley’s calculations have gone awry because of a huge shortfall in GST collections
Vivek •At the current rate, the gap in the actual central GST earned and the central GST that the government hoped that it would earn, will be close to Rs 1,50,000 crore.
Finance ministry says sale of flats after issue of completion certificate won't attract Goods and Services Tax
•However, Goods and Services Tax (GST) is applicable on sale of under-construction property or ready to move in flats where completion certificate is not issued at the time of sale, it said.
Finance Ministry extends last date for filing annual GST returns till 31 March next year
•The Finance Ministry has extended the last date for filing annual GST return forms by three months until 31 March, 2019.
Traders body urges finance minister Arun Jaitley to extend last date for GST filing to March 2019
•The Confederation of All India Traders (CAIT) on Thursday said it has urged finance minister Arun Jaitley to extend the last date for filing annual goods and services tax (GST) return from 31 December, 2018 to 31 March, 2019
Finance Ministry extends deadline for filing September GST returns till 25 October
•Since the ITC is availed on the basis of summary sales return or GSTR-3B filed. the deadline for ITC claims and GSTR-3B have been kept same