GST NEWS BULLETIN

₹1,47,686 crore gross GST revenue collected in the month of September 2022

The gross GST revenue collected in the month of September 2022 is ₹ 1,47,686 crore of which CGST is ₹ 25,271 crore, SGST is ₹ 31,813 crore, IGST is ₹ 80,464 crore (including ₹ 41,215 crores collected on import of goods) and Cess is ₹ 10,137 crore (including ₹ 856 crores collected on import of goods).

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GSTN issued an advisory regarding the Re-opening of TRAN Forms to claim Transitional ITC

The Hon'ble Supreme Court of India vide order dated July 22, 2022, in the matter of Union of India vs. M/s. Filco Trade Centre Pvt. Ltd has allowed the aggrieved taxpayers to file Form TRAN1/TRAN-2 to claim the transitional Input Tax Credit (ITC).
In compliance with the Hon'ble court's directive, the facility for filing TRAN-1/ TRAN-2 or revising the earlier filed TRAN-1/TRAN-2 on the GST common portal by aggrieved taxpayers is now available on GSTN from October 01, 2022, till November 30, 2022.

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