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The Goods and services tax will be absolute in the matter of curbing tax evading practices as the invoice matching mechanism will be a significant tool in ascertaining the transaction details while matching it with the details furnished by the taxpayer.
Goods and service tax is approaching towards its scheduled deadline and is in the headlines of every news and publishing. While there are various queries and doubts regarding the information and rules regulation, there are general FAQ’s which might solve the questions of public in a easy and simple manner.
The goods and services tax will be coming with a lot of compliance and it must adhere to those rules and regulation must not be broken in any case to avoid any legal or operational loss proceedings.
No result found! Clear search FINAL GST RULES 1. CGST Rules, 2017 as amended upto 01/07/2017 2. Advance Ruling – Rules and Formats 3. Anti Profiteering Rules 4. Appeals and Revision – Rules and Formats 5. Assessment and Audit – Rules and Assessment Formats & Audit Formats 6. E-way Rule 7. Composition – Rules and […]
Upcoming GST regime will be giving some serious authority to the GST officers to make a vigilant and strict move towards the fickle minded business units. The GST regime in its provisions and clause gives the power to the GST officer to term 5 years of jail to any convicted businessman in the case of proved conviction. The GST officer can also impose a heavy penalty over the particular convicted businessman or trader who is booked under the tax evasion case by the vigilant team.
GST composition scheme was implemented under the respective State VAT Laws with conditions applied on eligibility for the scheme accordingly. GST composition scheme assures greater compliance without the requirement of maintaining records. This system is missing in Service Tax laws. Latest Update 13th October 2022 09th July 2022 09th May 2022 GST Software Demo for […]
A problem close to the level of seriousness is approaching and engulfing a massive number of 30 thousand traders, merchants and taxpayers in the nation related to the GST migration. Talking about hundreds of thousands of traders and their problem related to the migration can be hectic and impossible but taking some few example might explain the issue.
This time with the upcoming goods and services tax regime in India, a new vigilant and supporting task has been tucked with the tax authorities in order to grow the tax paying data to a further more bit by the help of peer pressure in general.
The Goods and Services Tax (GST) has been launched in India, and it has, as expected, affected almost every major and minor business industry in the country.
