QRMP scheme quarterly filing option enables IFF-based B2B reporting and auto-population of GSTR-3B liabilities for reconciliation.
Under the QRMP scheme taxpayers may use IFF to furnish B2B invoices for the first two months of a quarter and declare remaining invoices in the quarterly GSTR-1; invoices filed in IFF need not be re-entered and saved/submitted but unfiled records are not treated as liability. Most liability fields in Table 3 of quarterly GSTR-3B are auto-populated from IFF and quarterly GSTR-1, with reverse-charge entries taken from Form GSTR-2B; a PDF of computed liability appears on the GSTR-3B dashboard.

Auto-generation of GSTR-2B for QRMP taxpayers enables quarterly ITC reconciliation and auto-population into GSTR-3B, editable.
System features for QRMP quarterly filing auto-generate Form GSTR-2B from filed IFFs and GSTR-1, showing segregated sections for ITC available and ITC not available and the taxpayer's tax liability; taxpayers can view/download quarterly or monthly views and see advisory cut-off criteria. Table 4 of Form GSTR-3B is auto-populated from the quarterly GSTR-2B, a system-computed GSTR-3B PDF is available, and taxpayers may edit auto-drafted ITC values though the system will warn on significant increases in available ITC or reductions in reversals without preventing filing.

Provisional Net Indirect Tax collections exceed revised estimates and show year on year growth despite pandemic disruption.
Provisional Net Indirect Tax collections for FY 2020 21 exceeded Revised Estimates, achieving 108.2% of the Revised Estimates and showing year on year growth. The release disaggregates results: customs and central excise/service tax (arrears) registered marked increases, while Centre GST receipts were lower than the previous year but above the revised target. The second half recovery and government compliance measures are credited for improved GST receipts; figures remain provisional pending reconciliation.

HSN reporting requirement: invoice HSN must match valid tariff headings; truncated or non tariff codes are rejected.
Taxpayers must report at least the HSN digits mandated by Notifications No. 12/2017 and 78/2020 in accordance with the Customs Tariff: mandated six-digit reporting allows valid six- or eight-digit tariff codes; mandated four-digit reporting allows valid four-, six- or eight-digit tariff codes. HSN entries must exist in the Tariff with corresponding description, unit and GST rate; truncated digit sequences that do not appear as valid tariff headings are invalid and will be rejected. For portal acceptance issues with otherwise valid HSNs, taxpayers should raise tickets via the GST Self-Service Portal under the HSN-related category.

GST Portal functionalities detail module-wise deployments and supporting webinars for taxpayer compliance and guidance resources.
Module-wise functionalities have been deployed on the GST Portal covering Registration, Returns, Advance Ruling, Payment, Refund and other processes, accompanied by webinars and instructional videos on the GSTN YouTube channel. The release provides periodic compilations of these deployments, organized by month or quarter, with direct links for stakeholders to review specific feature releases and supporting guidance materials to assist taxpayer compliance.

E-invoice auto-population delayed; taxpayers should file GSTR-1 using their records and validate HSN on the portal.
Auto-population of e-invoices into GSTR-1 for March 2021 is incomplete; notified taxpayers reporting e-invoices should not wait for auto-population and must prepare and file GSTR-1 by the due date based on their records. HSN validity can be checked on the GST Portal and missing valid HSN entries should be reported via a ticket on the GST Self-Service Portal; updated e-invoice FAQs and a bilingual ready reckoner have been published to aid compliance.

GST on underlying supply clarified under GST: tax triggered at voucher redemption, not on vouchers themselves.
Vouchers function as instruments of consideration for future supplies; they are neither goods nor services and thus are not separately classifiable. Tax treatment follows the character of the underlying supply exchanged for the voucher at redemption, and the time of payment and compliance obligations are governed by the relevant provisions of the GST law applicable to that underlying supply.

Record GST revenue collection signals sustained recovery and larger settlements to central and state governments under the GST framework.
The announcement reports a record gross GST revenue for March 2021, details the composition of receipts across CGST, SGST, IGST and cess, and describes regular and ad hoc IGST settlements between Centre and States/UTs plus a separate compensation release. It attributes revenue growth to recovery in economic activity, higher import and domestic collections, and strengthened compliance through monitoring and cross system data analytics, and provides state wise comparisons showing varied growth rates across jurisdictions.

HSN/SAC invoicing requirement expanded to six digits for higher turnover GST taxpayers, increasing invoice classification detail.
With effect from 1 April 2021, taxpayers above the turnover threshold must quote six digit HSN Code or SAC on taxable supply invoices, while taxpayers below that threshold must furnish four digit HSN on B2B invoices; six digit HSN codes used in Customs apply to GST and official tariff and GST rate schedules and search facilities on government portals support code determination.

GST compensation disbursement: central government advances compensation, back-to-back loans and IGST ad-hoc settlements to states.
The Central Government disbursed GST compensation, issued back to back loans to cover compensation shortfalls, and effected an ad hoc IGST settlement to States/UTs for FY 2020 21, with state wise allocations detailed for the payments made on 27 and 30 March 2021.

Input tax credit fraud leads to arrest and remand, investigations continue under criminal GST provisions.
Detection of a scheme to avail and pass on inadmissible input tax credit through goods-less invoices led to enforcement by the Anti Evasion branch of CGST Delhi (West). Primary beneficiary firms in the metal scrap trade were identified, and their proprietor admitted involvement. Criminal allegations were framed under Section 132 of the CGST Act, with the accused arrested and remanded to judicial custody; investigations are ongoing.

Input tax credit fraud uncovered: arrest after fake firms issued goods less invoices and incriminating evidence was seized.
CGST investigators uncovered a scheme using five dummy firms to issue goods less invoices for items like butter, ghee and oil to pass on inadmissible Input Tax Credit; documentary and electronic evidence were seized and the principal suspect was arrested and remanded under provisions of the CGST Act while further investigation proceeds.

Composition scheme opt-in requires filing FORM GST CMP-02 by the portal deadline to effect the composition levy promptly.
Opting into the Composition Scheme for FY 2021-22 requires eligible taxpayers to file FORM GST CMP-02 by the portal deadline to have the composition levy apply from the effective date; existing composition taxpayers need not reapply. Taxpayers switching from regular registration must file FORM GST ITC-03 to reverse ITC on stocks within sixty days. Eligibility is limited by aggregate turnover thresholds and supply type; inter-state suppliers, certain e-commerce supplies, and manufacturers of notified goods are excluded.

Input Tax Credit can be used to discharge GST liabilities; unauthorised demands for cash payment are not sanctioned.
Taxpayers retain the right to discharge GST liabilities for March 2021 by utilising Input Tax Credit in their electronic credit ledger as permitted by law; reports that officers instructed payment of a maximum tax liability in cash via unauthorised communications are not sanctioned by the Government or the Central Board of Indirect Taxes and Customs.

GST compensation special borrowing window: full shortfall released to states through weekly instalments and GSDP linked borrowing permission.
The Government used a special borrowing window to borrow in government stock of specified tenors and equally allocate proceeds among States to meet the GST compensation shortfall, completing weekly instalment disbursements which concluded the proportionate pending shortfall distribution for participating States and Union Territories with legislatures; concurrently, additional borrowing permission equivalent to half a percent of GSDP was granted to States choosing Option I to mobilise supplementary resources.

E-invoicing mandate expands applicability; webinar offers operational guidance and live Q&A for compliant implementation.
The e-invoicing mandate expands applicability by reference to aggregate turnover in preceding financial years, requiring affected taxpayers to begin issuing electronic invoices from the staged effective dates, including the expanded cohort from April 2021. GSTN is hosting a webinar led by GSTN and NIC officers to explain operational compliance, provide live Q&A, and direct taxpayers to FAQs and recorded guidance on the official YouTube channel.

Input tax credit fraud leads to arrest after alleged creation of fictitious firms and issuance of bogus invoices.
Allegations concern a scheme to illicitly claim and pass on Input Tax Credit through creation and operation of fictitious firms and issuance of sham invoices without actual supply. Documentary evidence and recorded statements attribute central coordination to the accused, who was arrested after surveillance and produced before a magistrate, with further investigations ongoing.

GST portal functionality updates improve taxpayer access to registration, returns, payment and refund resources and webinars available online.
Enhanced GST Portal functionalities have been implemented across Registration, Returns, Advance Ruling, Payment, Refund and miscellaneous modules to aid taxpayer compliance and interaction. Accompanying materials include periodic compilations of deployed module features and instructional outreach-webinars and videos-published on the GSTN YouTube channel to assist stakeholders in accessing and adopting the new capabilities.

Fake invoice racket: GST registration misuse and fraudulent input tax credit claims lead to arrest and evidential seizures.
Investigations uncovered 18 non existent firms created to generate sham GST transactions and fraudulent Input Tax Credit claims, operated using stolen PANs, bank details and contact information; the central organiser admitted floating the dummy entities, some documents were recovered during searches, and the organiser was arrested for offences under clause (b) and (c) of sub Section (1) of Section 132 of the CGST Act.

GST fraud investigation uncovers fake invoicing syndicate; arrests and major data seizures advance forensic probe.
Two principal members of a fake invoicing syndicate were arrested after being traced abroad; seizures included laptops, phones, identity documents and notary stamps. Preliminary inquiry indicates hundreds of shell firms created from procured PAN and Aadhar data issued fake GST invoices that substantially evaded tax revenue. The operation used high tech apps and remote messaging to coordinate across multiple locations. The arrested were remanded to judicial custody while forensic analysis of electronic data continues and further involvement of other persons and companies is being investigated.