Tuesday, August 9, 2022
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Goods & Service Tax

CBIC creating an SoP soon for enforcement actions by GST officers

CBIC is working on an SoP for enforcement actions by GST field offices and is profiling taxpayers by using artificial intelligence and machine learning

12 states demand extension of GST compensation beyond June

About a dozen states pitched for extending by a few years the compensation paid to states for revenue lost from the implementation of GST regime

GST revenues up 44% at nearly Rs 1.41 lakh crore in May

The gross GST revenue collected in the month of May 2022 is Rs 1,40,885 crore of which CGST is Rs 25,036 crore, SGST is Rs 32,001 crore

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