1. The E Way Bill generation facility of a person is liable to be restricted, in case the person fails to file their return in Form GSTR-3B (Monthly / Quarterly) / statement in CMP-08, for a two or more consecutive tax periods, in terms of Rule 138 E (a) and (b) of the CGST Rules, 2017. The facility of blocking E way bill generation has been temporarily suspended due to pandemic.
2. The government has now decided to resume the blocking of EWB generation facility on the EWB portal, for all the taxpayers in terms of Rule 138 E (a) and (b) of the CGST Rules, 2017, after 15th August onwards.
3. After 15th August 2021, the System will check the status of returns filed in Form GSTR-3B or the statements filed in Form GST CMP-08, and block the generation of EWB in cases of:
4. To avail continuous EWB generation facility on EWB Portal, taxpayers are advised to file your pending Form GSTR 3B (Monthly/Quarterly frequency as may be applicable)Returns/ Form GST CMP-08 Statements immediately.
GSTR-9C is an annual GST reconciliation statement that underwent a major change in 2021. GSTR 9C was earlier applicable to businesses with more than Rs.2 crore as annual turnover in a particular financial year. It required the audit of books and records of that year by a chartered accountant or a certified management accountant and their certification. The requirement of audit has been removed by Notification No 29/2021. Instead, GSTR-9C is to be self certified by the businesses themselves.
Under Rule 80 of CGST Rules – Taxpayers having AATO below 5Cr are exempted from filing GSTR 9C
Out of the total revenue collected CGST was Rs 22,197 cr, SGST was Rs 28,541 cr, IGST was Rs 57,864 cr- including Rs 27,900 cr collected on import of goods- and Cess was Rs 7,790 cr- including Rs 815 cr collected on import of goods.
The revenues for the month of July 2021 are 33 per cent higher than the GST revenues in the same month last year. During the month, revenues from import of goods were 36 per cent higher and the revenues from domestic transaction (including import of services) are 32 per cent higher than the revenues from these sources during the same month last year.
GST collection, after posting above Rs 1 lakh crore mark for eight months in a row, dropped below Rs 1 lakh crore in June 2021 as the collections during the month of June 2021 predominantly related to the month of May 2021 and during May 2021, most of the states/UTs were under either complete or partial lockdown due to Covid.
A division bench of the Karnataka High Court has stayed the operation of the single bench order passed on June 2, by which it had declared Rule 31A(3) of the Central Goods and Services Tax Rules, 2017 as amended in terms of the notification dated 23.01.2018 as ultra vires the provisions of the Central Goods and Services Tax Act, 2017 Act and Rule 31A of the Karnataka Goods and Services Tax Rules, 2017, as ultra vires the provisions of the Karnataka Goods and Services Tax Rules, 2017, as ultra vires the provisions of the Karnataka Goods and Services Tax Act, 2017.