Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Goods and Service Tax Network (GSTN) has opted the decision to improve the performance of the system and then provides relief to the assessee and council through the way of interest auto-computation facility, active EVC even for companies/LLPs, the search facility for advance ruling, and others. Towards the returns, the GSTR-3B/CMP-8/GSTR-5 automatic computation of interest, […]
The government declared that the same rate of goods and service tax (GST) will be liable to apply on the ice cream whether it is sold inside the restaurant or outside the same. 18% must be entitled to pay as a GST on ice creams despite when it is sold inside the restaurants. In the […]
The industry has asked that interest be paid on the inappropriate input tax credit, which was profited however not used under the goods and service tax (GST) administration, be returned. Meanwhile, in the recent meeting, the GST Council liberated these credits from interest rates from July 1, 2017, when GST was entered. Although, it did […]
The upcoming more meetings of the GST Council would take countries into new indirect tax governance convenient to the ambition of providing a clear tax system with the least exclusions and fewer rates. Sources working on the GST rate rational stated that a three-rate tax structure may become an actuality early next commercial later the […]
The FICCI is set for a conclave organization with the minister panel of 4 from south Indian states and would discuss the tax sharing formulae particularly related to the goods and services tax scheme along with some other issues of the GST in a conference. The conclave called ‘South India GST Conclave’ will be an […]
The Central Board of Indirect Taxes and Customs (CBIC) published the directions upon issuance of Show Cause Notices (SCNs) within the said time. A brief analysis to sought the trend for the event of GST evasion and fraudulent ITC claim registered along with the number of SCNs given with respect to the FY 2017-18 (w.e.f. […]
Towards the terms of reference ToR of the 2 panels of the ministry build for improvising the GST to verify the present rate slab structure of GST. The New Panels Brief Organizes an Overarching Mandate finding the special rates under the tax structure, rationalization proposals consisting of “a merger of tax rate slabs for clarifying […]
The handling and administration services through the corporate office to the group organizations along with the other construction location enrolled in distinct states acknowledge as the source of services and is subject to be taxed beneath GST stated by the Maharashtra Authority for Advance Ruling (MAAR). The ruling seems to be the next step from […]
Food delivery companies like Swiggy and Zomato have outreach near the government and asked for an explanation about the current decision to treat them at par with restaurants within the Goods and Services Tax (GST) structure. These companies expect clarification across how the GST would be imposed and either this shall lead to “tax cascading” […]
