Powerd By SAG INFOTECH
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It’s nearly as simple as drawing up exactly what you want a webpage to have—”A picture goes here, a video goes there, a form should be added below…” With the declarative interface of a no code app development, you drag and drop pre-coded items precisely where you want them, and the code follows suit. It’s […]
To evaluate the GSTN portals operation and the GST systems and procedures, the finance ministry on April 4 would have called for a meeting as the GST collection in March stands out to be the second highest. The officials stated that “The April 4 meeting will be chaired by Revenue Secretary Sanjay Malhotra. Members of […]
In 2017, the GST which is a destination-based consumption tax was incorporated. As per the GST framework, particularly for the businesses that are involved in the exports and supplying the Special Economic Zones (SEZs), the concept of zero-rated supply poses influential importance. The provision of goods or services that are either exported or provided to […]
A Single Bench of the Allahabad High Court has cancelled and set aside the cancellation of GST registration executed on the basis of the firm being alleged to be fake. The applicant’s opinion of the council is that he has the registered proprietorship firm along with executing the business as per the statutory. The applicant […]
The allegations of claiming the bogus credit could not be the basis for refusing the applications for the refund held by the Delhi High court until the same would be accomplished that the applicant does not obtain the goods or paid for them. The applicant is qualified for the GST ITC refund on the goods […]
The 50th Goods and Services Tax (GST) Council meeting is in progress today, on July 11th, 2023. Chaired by Union Finance Minister Nirmala Sitharaman, this meeting holds paramount importance in discussing crucial taxation issues. It is important to note that the information shared is reflective of the present circumstances. We will continue to provide you […]
The Finance Minister has decided to reform tax rates as long as the new tax regime is considered. It is expected to be better than the existing tax system because of the standard deduction which was not given in the earlier tax regime. Despite the debate on whether the new tax regime is much better […]
The Ministry of Finance is actively reviewing the consideration to provide relaxation in the current GST structure, therefore the hotel and restaurant sector may soon receive GST relief. With the benefit of input tax credits (ITC), the Goods and Services Tax (GST) on the hotel and restaurant sector might be raised from 5 per cent […]
The seamless flow of (ITC) is the foundation of a robust Value-Added Tax (VAT) architecture. Let’s suppose goods or services are purchased via company A whether a manufacturer, service provider, or trader, for the purpose of their business, vendors who imposed VAT would be available as a set-off to Company A for the adjustment against […]
