MARCH 2022 (Week 1)

GST NEWS BULLETIN

GST Portal Has Started Showing Late Fees For Delayed Filing of GSTR-9 For F.Y. 2020-21

The Goods and Services Tax Portal has started showing Late fees in case of delay in filing of GSTR-9 for F.Y. 2020-21. The due date for furnishing GSTR-9 for F.Y. 2020-21 was 28-02-2022.

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Gross GST Revenue of Rs 1,33,025 Crore Collected For February 2022

The gross GST revenue collected during the month of February 2022 is Rs 1,33,025 crore of which CGST is Rs 24,435 crore, SGST is Rs 30,779 crore, IGST is Rs 67,471 crore (including Rs 33,837 crore collected on import of goods) and cess is Rs 10,340 crore (including Rs 638 crore collected on import of goods).

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GSTN Enabled New Feature of ‘Geo-Location’ For Picking Address For New Registrations And Amendment Of Address For Existing Registrations

The GSTN has enabled a new feature on the GST portal wherein the taxpayers would be required to enter the exact ‘Geo-Location’ of their address while applying for new registration or carrying out amendment of address in their existing GST registrations.

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Knowledge Updates Team
AKGVG & Associates
(Chartered Accountants)

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