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India’s economy is currently running towards 1 lakh crore or 1 trillion and fluctuates sometimes due to multiple reasons. The government is also on its toe to fetch as much as tax from the businesses. Countries biggest industrial chief Mukesh Ambani recently made some of the staggering announcements at its 42nd annual general meeting held […]
A webinar is conducted today i.e. 7th August 2019 at 4 PM IST in Hindi on the topic of GST ANX-1 and ANX-2 Offline Tool of New Return (Trial). The webinar will cover the most important topics for the query solving of the taxpayers. ANX 1 is a latest return filing system introduced for October […]
Different GST rates for different goods and services has been fixed by the GST council under seven slabs – 0%, 0.25%, 3%, 5%, 12%, 18% and 28%, which are mutable on government GST notifications on the demands of the economy. All goods and services are linked to Harmonized System Nomenclature (HSN) code on the basis […]
The GST department is said to prepare a risk score sheet which will suggest and hold the level of scrutiny against the particular taxpayer in future, known from the official sources. This plan is set to conclude even including the annual GST return which is currently on hold for two months to 31st August as […]
The 35th GST council meeting still away from major decisions for the benefits of the small businessman and traders who are need of some redressal of their complaints. The 10th January earlier notified that the GST threshold has been extended to 40 lakhs from the previous 20 lakhs limit and the central government has also […]
The 35th GST council meeting has been live since today 21st June 2019 and the newly appointed Union finance minister Nirmala Sitharaman is set to discuss and initiate the council meeting for the first time in her position. There are some important suggestions and discussions backed by tax experts which are to be taken in […]
The GSTR 9 is an annual return form for all the regular taxpayers which they have to file every year in the end. The GSTR 9 annual return form consists of all the transactional details of the whole year having CGST, SGST and IGST paid details. The due date for the GSTR 9 is 31st […]
A webinar with the topic – ‘Filing of Annual Return – Form GSTR 9A in Hindi’ is going to be held on 28 March 2019 at 2:30 PM IST. Shri Veer Singh VP Services will be the speaker for the webinar.
The Indian companies from all the sectors including consumer durables, real estate and automobile manufacturers are currently trying hard to get GST rate cut on their goods and services. The consumer durable industry had said that the high 28 per cent GST rate must be reviewed. As per the official from a reputed consumer durable […]