Home Breaking News GSTN has issued a warning that by August 15, entrepreneurs must settle the work

GSTN has issued a warning that by August 15, entrepreneurs must settle the work

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GST network ie GSTN alerted traders. Taxpayers who have not filed GST returns for two months until the June 2021 or June 2021 quarter cannot produce the e-way bill from August 15, GSTN said.

For GSTN taxpayers, “the government has now decided to reinstate the ban on the production of e-way bills on the EWB portal for all taxpayers with effect from August 15.” Thus, returns after August 15, 2021 are filed. Prohibit the production of necessary, e-way bills.

Last year, the Central Indirect Taxes and Customs Board (CBIC) abolished the ban on the production of electronic e-way bills for non-filers, providing compliance relief during the COVID epidemic. However, experts say the move could help boost the Goods and Services Tax (GST) collection in August, as pending GST returns are expected.

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How much of the collection in July: Let us assume that the GST collections in July amounted to Rs 1,16,293 crore. It’s more than June. As per the data, CGST is worth Rs 22,197 crore, SGST is Rs 28,541 crore and IGST is Rs 57,864 crore.

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