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GST Council is aware of the problems taxpayers are facing in filing GST return on GSTN Portal. To ease the hurdles, GST Suvidha Provider (GSP) Masters India is planning to open 1,000 Suvidha Kendras in tier-2 and tier-3 cities by the end of October and try to establish 10,000 Suvidha Kendras at the end of this financial year.
India is a hub of sports-loving people. Whether it’s cricket or athletics, we are always excited to watch our favourite players and encourage them to win. We have a potential to grow in sports and to represent our country at international level.
Goods and services tax recently surfaced in the Indian economy and has affected a lot of sectors. Here we can see a detailed picture of what GST have done to the steel industry in India.
GST, with the hope of billions to provide a better way to transact in a business and to eliminate the cascading effects under the previous tax system, it is the biggest tax reform in India ever. Although the system is very new to all and the taxpayers are not well-versed with the new indirect tax nomenclatures, we can expect that by the time it will go flawlessly.
The e-way bill is on the rest for now but soon it can be another barrier for small and medium enterprises after the recognized GST implementation.
We have already discussed the GST Impact over Handicraft industries that, how adversely it impacted the handmade products. Now, this article is about GST impact on carpet industry.
On Tuesday, 10th October Sudhir Mungantiwar, Finance Minister of Maharashtra declared that all states have agreed to include petroleum and diesel products under the newly implemented indirect taxation system i.e. GST.
The sub-section (2) of section 146 of the Customs Act,1962 (52 of 1962) defines Custom house agents as the persons registered, provisionally or else, to be employed by the licensee to help him in his work as an agent. There are so many confusion regarding the Custom House Agents provisions under GST Regime, so here is the article to solve all the doubts pertaining the same.
Out of 65 lakh taxpayers, it is now evident that only 40 lakh taxpayers have filed returns under GSTR 1 for the month of July.
