GST is a new form of indirect tax in India. It is also at times termed as the tax levied on the sale of Goods and Service. As an aftereffect of the soon to be one-year-old GST system in India
Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
GST is a new form of indirect tax in India. It is also at times termed as the tax levied on the sale of Goods and Service. As an aftereffect of the soon to be one-year-old GST system in India
A demand has been put by the Export Promotion Council of India for the online linkage of the Goods and Services Network (GSTN) with the NSDL portal to ensure a fast and smooth transition of GST refunds.
Under the goods and services tax regime, every taxpayer is supposed to file their taxes as of 20th August 2024 which is the due date for the filing of GSTR 3B and GSTR 5A without penalty. GSTR 5 form due date is 13th August 2024 for the month of July 2024. GSTR 5 is filed […]
The GST law defines strict penalty rules and offences guidelines for Indian taxpayers to follow and ensure frictionless intrastate or interstate goods movement, reduce corruption and efficient tax collection system.
The recent action of Supreme Court in regard sending notices to Ultratech Cement Ltd. for credit reversal is an indication of gazing on another manufacturer.
On November 16, 2017, the Cabinet set up The National Anti-Profiteering Authority in GST and the main objective of the NAA is to ensure that reduction in GST rates helps down to end consumers.
It has been more than nine months since the GST was launched in India, but businesses it seems are still finding it difficult to get their head around India’s new indirect tax regime.
GST was a complete overhaul of the existing taxation system in India. Powered by the GSTN Network, it was India’s first big step towards a true digital economy.
Input Tax Credit is the lifeline of GST Revenue generation as well as ensures the smooth business functioning of private business firms and taxpayers.