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The government is contemplating the revision of the comprehensive GST legislation by introducing an extra provision or changing its definition, accompanied by adjustments in procedures relevant to the service sector. Presently, it is obligatory for businesses to possess a tangible establishment within the jurisdiction of their operations, which poses challenges for e-commerce enterprises and other […]
A senior government official has indicated that the government is poised to conduct a sequence of meetings in November. The purpose is to meticulously assess and enhance various aspects of indirect taxation, especially concerning the GST. These forthcoming meetings will encompass a comprehensive review not only of the Goods and Services Tax (GST) but also […]
On the supply of goods and services in India, GST would be the complete indirect tax that would get charged. The Goods and Services Tax (GST) has been in place for more than five years, but the GST litigation is still in its infancy. It is anticipated that as time quickly passes, more and more […]
In accordance with Notification No. 13/2017, Central Tax (Rate), dated June 28, 2017, which provides details on the services liable for tax under the Reverse Charge Mechanism of the CGST Act, services rendered by directors of a company or a body corporate situated in a taxable area to the said company or body corporate will […]
Finance Minister Nirmala Sitharaman told that the government will iron out issues bothering traders under the Goods and Services Tax (GST) regime and that GST would be additionally simplified, on Tuesday in a CAIT (Confederation of All India Traders) program. Budget preparation is in full swing, keeping the relief for the taxpayer at greatest importance. […]
One of the Kirana merchants who is engaged in the business of selling pulses, spices, and dry fruits in the APMC market, in Vashi Mumbai, doesn’t seem to people these days with the current GST system enforced by the central government. This particular medium scale retailer has been active in APMC, Mumbai, for the last […]
Finance Minister, Nirmala Sitharaman, on Thursday, announced the the approval of biometric-based Aadhaar authentication via GST Seva Kendras for Andhra Pradesh. The step will make the process of GST registration easier and enhance the security, said the Minister. The GST revenue in October month reached the growth of a 10-month high touching ₹1.72 lakh crore, […]
The Odisha Goods and Services Tax (Amendment) Bill, 2023 has been approved by the State Cabinet, chaired by the Chief Minister of Odisha, Naveen Patnaik. This Bill proposes to provide certain facilities and tax authorities in the state, while also simplifying the existing provision. According to the amended Bill, appeals against decisions made by the […]
Throughout this post, we have explained all of the government GST Reward Schemes for fraud informants. Informers and government employees can get rewards for disclosing and reclaiming assets and properties connected to unpaid taxes, duties, fines, and penalties in order to comply with the provisions of the Central Goods and Services Tax Act, Customs Act, […]
