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For monitoring the progress of new indirect tax regime, Cabinet Secretary PK Sinha has written a letter to secretaries of all ministers to make a weekly report of all complaints including business entities still not registered or switched in the new regime, complaints of traders, rise in prices in the new regime, software glitches and […]
The GST Council along with the central government has now mandated that each and every trader will have to display their GSTIN number on their signboards.
As per the GST provisions, in case of goods costing more than Rs 50,000 it is necessary to register online, before moving the goods and also it is expected that the E- Way Bill Information Technology system will be hitting in the month of October, once centralised software platform is ready, said top official. E- way bill provision will be carried out after infrastructure for a smooth transition, registration and verification through mobile devices with tax authorities linked up.
Pawan Goenka, Managing Director of Mahindra & Mahindra (M&M)said on Thursday, For short term, Automobile industry will be benefiting with the new Goods and Services Tax Regime (GST), due to the price reduction and restoration of inventory levels at retail outlets
GST council and central board of excise and customs have undertaken a very good step in order to spread awareness in the context of the goods and service tax to all the business community across the nation.
Delhi University is set to implement the concept of Goods and Services Tax (GST) in the syllabus of all commerce programs. Students who are pursuing commerce degree programs from the Delhi University will now have to learn the concepts of GST similar like Debit and Credit. The commerce students will have to study the GST related topics in their respective programs.
Jaipur, one of the metro cities of India saw a staged protest on Wednesday due to the GST being levied on idols of god and goddess. The sculptor’s community here made a huge protest in the middle of city area in between Khazane Walon Ka Rasta to Jaipur Collectorate, a very busy route in almost every hour of the day.
After the spending, three days of Goods and Services (GST) Regime in India Cabinet Secretary PK Sinha on Monday conducted a review meeting to evaluate the stock after the implementation of new indirect taxation regime. The Cabinet Secretary has asked from all ministers and departments to give their views about the new regime.
Ever since the goods and services tax was applied throughout the market, it was open for the first time after it on Monday. But still, the traders were in the confusion related to the GST.
