The GSTN chairman Ajay Bhushan Pandey stated and assured the trader’s community that the GST eway bill will not be implemented until the partner’s community does not approve its working stability.
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The GSTN chairman Ajay Bhushan Pandey stated and assured the trader’s community that the GST eway bill will not be implemented until the partner’s community does not approve its working stability.
In the upcoming 26th, GST council meeting which is to be held soon may not see any inclusion of real estate within the GST scheme as many of the states is not ready to give up the stamp duty revenue which is garnered in a huge number.
GST was touted as a Good and Simple tax for the people. However, six months down the line traders continuously complain that the accounting and return filing cost have doubled. The GST council as well as the government claims of:
GST e-way bill, which was put on hold after technical glitches experienced by the portal, is now rescheduled to launch by the end of this month.
India based logistics and courier company DTDC reports a growth in business for its warehousing vertical as an impact of GST.
Now even the B2B i.e. business to business merchants are in the queue to obtain certification of passing benefits to the consumers from the final vendors and retailers in order to corner down the anti-profiteering clause that may hamper there otherwise obligation if paid no concern.
The post-budget days have brought more bad news and new problems for the think-tanks in the GST Council. The e-way bill system developed by the National Informatics Centre (NIC) for tracking movement of goods worth over Rs 50,000 crashed within hours of its launch.
The government authorities have postponed the GST eway bill implementation which is mandatory for the movement of the consignment of goods to one place to another, with a price value of more than INR 50,000.
The 17000 registered GST traders of Chandigarh city have performed brilliantly in the overall percentage of GSTR-3B return filing.