Powerd By SAG INFOTECH
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Recently the GST council and GSTN offered normal GST RET 1 (Return) Form with revised details for all the normal taxpayers.
The GST council 34th meeting has been scheduled on 19th March to discuss & wrap up the final decisions regarding the alteration in the GST rate as determined in the last meeting.
The next 34th GST council meeting has been scheduled to be organized on 19th March which is also ought to be unique with a union meeting going to conducted in election code of conduct.
Maharashtra state government has come forward with new one-time amnesty schemes to get rid of the backlog of tax assessments which is pending from before the initiation of the goods and services tax regime.
Punjab cabinet at its meeting chaired by chief minister Amarinder Singh approved an amendment to the GST incentives notified under its Industrial and Business Development Policy-2017.
The GST portal over the last six months has witnessed several changes and updates. All the new updates are rolled out on a regular basis to help and assist the taxpayers in smoothly and effectively filing their GST returns.
Following the recent exemption offered on development rights from the goods & services tax (GST), NAREDCO, the representative of Realtors have asked for clarity from the Ministry of Housing and Urban Affairs through a written note.
On 24th Feb 2019 GST council in its 33rd meeting, Council mulled over the proposals to cut GST rates on real estate. Once the proposals are cleared, buying an under-construction apartment will become cheaper.
This Article deals with defining and categorizing the transactions between the employer and employee from GST point of view.
