Search results for: GST council

Gst council meeting is scheduled on Saturday to have to the discussion over the two important topics- the successful implementation of the e-way bill and the lower collection of goods and service tax(GST) under the composite scheme.

Application protest shape documenting against the Companies who are not passing the tax benefits to the clients, is expected to be simplified.

As confirmed by the Central Board of Excise and Customs (CBEC), errors by exporters in filing GST returns are causing the delay in disbursing tax refunds. Only a third of the total returns filed under the new tax regime are eligible for tax refunds and the refund process for those with clear documents has begun.

The Directorate General of Safeguards (DGS) recently asked Hindustan Unilever about clarifications regarding the methodology used by the company in reaching Rs 119 crore to the government after it was not able to pass the GST benefits to customers.

It has been almost eight months since the Goods and Services Tax (GST) was launched in India and it is still going through changes. GST is far from a stable state.

The government of India is busy tackling the GST woes and has ended up losing a lot of road kilometres this year.

At a recently held meeting of a group of a minister (GoM) which was created to resolve the issues and implement the goods and services tax in a better manner recommended some suggestion for the eway bill under GST.

It is the time when taking loan can be based on GST data instead of taking a loan in exchange for gold.

GST e-way bill system which was about to implement from February 1st is now going to be launched on 7th March 2018. While the Finance Minister wants to launch the E-way Bill earlier as possible, while the National Informatics Centre (NIC) wants to begin the tried and tested e-way bill from 1st April.