PRESS RELEASE POSTING A GROWTH RATE OF 12 PERCENT Y-O-Y, Rs. 14.97 LAKH CRORE GROSS GST COLLECTION DURING APRIL – DECEMBER 2023 PERIOD – GROSS GST COLLECTION AVERAGES Rs. 1.66 LAKH CRORE IN FIRST 9 MONTHS OF FY24 – Rs. 1,64,882 CRORE GROSS GST REVENUE COLLECTION FOR DECEMBER, 2023 …
PRESS RELEASE 29, 273 BOGUS FIRMS INVOLVED IN SUSPECTED INPUT TAX CREDIT (ITC) EVASION OF RS. 44,015 CRORE DETECTED IN A SUSTAINED DRIVE AGAINST NON-EXISTENT TAXPAYERS BY GST FORMATIONS ACROSS COUNTRY SINCE MAY 2023; 121 ARRESTED PRESS RELEASE, DATED 7-1-2024 To curb frauds in Goods and Services Tax (GST) and increase …
PRESS RELEASE Rs. 1,72,129 CRORE GROSS GST REVENUE COLLECTED DURING JANUARY 2024; RECORDS 10.4 PER CENT YEAR-ON-YEAR GROWTH – AT Rs. 1,72,129 CRORE, GST COLLECTIONS ARE 2ND HIGHEST EVER; CROSSES Rs. 1.70 LAKH CRORE MARK FOR THE THIRD TIME IN FY 2023-24 – WITH OVERALL COLLECTION REACHING Rs. 16.69 LAKH …
PRESS RELEASE CAUTION AGAINST FRAUDSTERS SENDING FAKE AND FRAUDULENT SUMMONS FOR GST VIOLATIONS – TAXPAYERS CAN CHECK VERACITY OF ANY COMMUNICATION FROM DGGI/CBIC BY USING THE ‘VERIFY CBIC-DIN’ WINDOW ON CBIC’S WEBSITE – TAXPAYERS CAN ALSO USE DIN UTILITY SEARCH ON ONLINE PORTAL OF DIRECTORATE OF DATA MANAGEMENT (DDM), CBIC …
PRESS RELEASE Rs. 1,68,337 CRORE GROSS GST REVENUE COLLECTED DURING FEBRUARY 2024; RECORDS YEAR-ON-YEAR (Y-O-Y) GROWTH OF 12.5 PER CENT – AVERAGE MONTHLY GROSS COLLECTION FOR FY 2023-24 IS Rs. 1.67 LAKH CRORE, EXCEEDING Rs. 1.5 LAKH CRORE FOR FY 2022-23 – NET REVENUE AT Rs. 1.51 LAKH CRORE IS …
INSTRUCTION NO.1/2023-24-GST (INV.) [F.NO. GST/INV/INSTRUCT… GUIDELINES FOR CGST FIELD FORMATIONS IN MAINTAINING EASE OF DOING BUSINESS WHILE ENGAGING IN INVESTIGATION WITH REGULAR TAXPAYERS INSTRUCTION NO.1/2023-24-GST (INV.) [F.NO. GST/INV/INSTRUCTIONS/2023-24], DATED 30-3-2024 The undersigned is directed to say that the matter of CGST field formations following a uniform procedure in undertaking enforcement activities, …
INSTRUCTION NO. 1/2024- GST [F.NO. CBIC-20016/9/2024-GST/583… GUIDELINES FOR INITIATION OF RECOVERY PROCEEDINGS BEFORE THREE MONTHS FROM THE DATE OF SERVICE OF DEMAND ORDER INSTRUCTION NO. 1/2024- GST [F.NO. CBIC-20016/9/2024-GST/583], DATED 30-5-2024 Attention is invited to sub-section (1) of section 79 of the Central Goods and Services Tax Act, 2017 (hereinafter referred …
PRESS RELEASE GROSS GST REVENUE COLLECTION IN MAY 2024 STANDS AT Rs. 1.73 LAKH CRORE; RECORDS 10% Y-O-Y GROWTH Rs. 3.83 LAKH CRORE GROSS GST REVENUE COLLECTION IN FY 2024-25 (TILL MAY 2024) RECORDS 11.3% Y-O-Y GROWTH NET REVENUE (AFTER REFUNDS) GROWS 11.6% IN FY 2024-25 (TILL MAY 2024) DOMESTIC …
CIRCULAR NO. 207/1/2024-GST [F. NO. CBIC-20001/4/2024-GST], SECTION 120 OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 – APPEAL NOT TO BE FILED IN CERTAIN CASES – REDUCTION OF GOVERNMENT LITIGATION – FIXING MONETARY LIMITS FOR FILING APPEALS- OR APPLICATIONS BY THE DEPARTMENT BEFORE GSTAT, HIGH COURTS AND SUPREME COURT …
CIRCULAR NO. 208/2/2024-GST [F.NO. CBIC-20001/4/2024-GST] SECTION 148 OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 – SPECIAL PROCEDURE FOR CERTAIN PROCESSES – CLARIFICATIONS ON VARIOUS ISSUES PERTAINING TO SPECIAL PROCEDURE FOR MANUFACTURERS OF THE SPECIFIED COMMODITIES AS PER NOTIFICATION NO. 4/2024 – CENTRAL TAX, DATED 5-1-2024 CIRCULAR NO. 208/2/2024-GST …
