To help the states hit by natural calamities, a panel of state finance ministers decided to intend a ‘disaster cess or tax’ under the goods and services tax (GST) and decided to get the reply of all the states on this matter.
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To help the states hit by natural calamities, a panel of state finance ministers decided to intend a ‘disaster cess or tax’ under the goods and services tax (GST) and decided to get the reply of all the states on this matter.
Goods and services tax made a lot of changes to the indirect tax structure prevalent earlier than 1st July 2017 and made huge changes to make it accurate and uncomplicated as compared to past tax projects.
The Bihar Deputy Chief Minister and GST Network GoM panel head Sushil Kumar Modi hinted towards the abolishment of the highest GST rate in the slab i.e. 28% as soon as possible.
Gujarat high court has given some relief to the exporters who have been charged for illegally availing tax exemptions as the court has told the anti-smuggling intelligence agency to behold their action against them.
As every Indian taxpayer knows about official GST return filing GSTN portal. The portal is used for filing GSTR forms 1-9 along with the tax payments.
In the last GST council meeting, Maharashtra brings 31 reforms within the state GST structure in order to ease out the business conduct, as according to the state finance minister officer.
In September, the collection of Goods and Services Tax (GST) came up to INR 94,442 crore, when compared to INR 93,690 crore from the previous month. The data of GST collection was released by the Ministry of Finance on Monday.
The Central Government has always been upbeat about passing benefits from GST tax reduction to the end consumers.
In a recent appeal by the Federation of Karnataka Chambers of Commerce and Industry (FKCCI), it has been demanded that the due date for the reconciled GST returns for the financial year 2017-18 from September 2018 to December 31 must be extended.