One very important outcome of the 27th GST Meeting was the Government’s decision to take complete ownership of the GSTN Network.
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One very important outcome of the 27th GST Meeting was the Government’s decision to take complete ownership of the GSTN Network.
New Delhi, the National Capital, and Mumbai, the Financial Capital, are now recording an unprecedented increase in petrol and diesel prices.
The GST Tran-1 which was introduced by the GST council along with the implementation of goods and services tax is a form meant for filing in order to avail the older credit of taxes paid before the coming of the goods and services tax.
Arvind Subramanian, the Chief Economic Advisor to the Government of India, had a few months back asserted that Insights From GSTN Data Could Drive Economic Decisions.
A petition filed by Advocate Nipun Singhvi, a qualified Chartered Accountant and a financial activist before the Gujarat High Court are challenging the Goods and Service Tax on advocates services.
When it comes to proceeds from the soon to be a year old GST, the Indian state of Telangana is setting benchmarks which other states have found hard to emulate. In a stellar performance, Telangana has created a record by collecting Rs 1,876.93 crore of IGST and SGST in April this year.
The rate for the changes made per day in the present GST law is a whopping 125%. This means on an average 1.25 changes are made per day in the current indirect tax law of the land which was once referred as the Golden Bird of the East.
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.
The food coupon providers, catering industry and companies arranging food for employers are facing difficulties in filing GST as the tax rate varies from 5% to 18% which is not particular and rely on the category you consider them.