Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The guidelines for executing the new Gruha Lakshmi scheme (Rs 2,000 per month for every woman head of a family) have been furnished by the State Government. As per that when the woman or her husband counted beneath the income tax net or the GST would not be qualified for the scheme. The women who […]
The number of e-way bill generation has increased to 8.82 crores in May from 8.44 crores in April, which indicates more movement of goods. As per the PMI (Purchasing Managers’ Index) manufacturing, the result rose to a 31-month high of 58.7 in May, providing the first indication of increased goods movement. Increased bill generation may […]
The tax consultants request the SGST and CGST commissioners to redress the applications of GST registration rectification details in the emergence of the random physical verification of GST registration. The Madhya Pradesh Tax Law Bar Association and the Commercial Tax Practitioners Association wrote to CGST Commissioner Partho Roychoudhary and SGST Commissioner Lokesh Kumar Jatav on […]
In the month of May, the GST collections of India surged by 11.5%, standing slowest in 6 months to cross Rs 1.57 lakh cr with the revenue from the domestic transactions rising 11% and imports which generate 12% additional taxes compared to before year. May’s revenue for the transaction that takes place in the month […]
Traders and retailers have praised the Central Board of Indirect Taxes and Customs (CBIC) initiative to find out bogus GST registrations and make offenders pay for the deed. Fake registrations are used to submit invoices for the input tax credit (ITC) even in the cases of not offering delivery of goods or services. The ‘Special […]
Traders and industrialists have been reassured by Punjab State Goods and Services Tax (SGST) officials that they won’t be liable to pay a fine of Rs 50,000. The stated fine was levied in case of not displaying GST identification numbers (GSTIN) outside the business setup. It was a nice decision to make them aware and […]
The Allahabad High Court ordered the tax authorities to release a fresh notification regarding the GST registration cancellation merely on the basis of a firm being found fake under Section 29(2) of the Uttar Pradesh Goods and Services Tax Act, 2017 (UP GST). The current writ petition challenges the respondent’s decision to revoke the petitioner’s […]
Nearly 10,000 bogus GST registrations have been fetched by the central and state goods and services tax officials in the initial week of the joint drive. The officials would have performed a door-to-door physical verification of addresses prior to executing any action. On May 15 the campaign against the bogus invoices and registration would get […]
On Wednesday, Sanjay Kumar Agarwal, a member of the CBIC, stated that additional efforts are required to get a solution for fake GST input tax credit (ITC) generators from the system in order to stop tax evasion and boost GST collection. He said that the government has taken a number of measures to deal with […]
