Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The Tripura High Court passed a ruling that the GST shall be levied on the sale of rice even if the Brand name is not registered. Here in this case the petitioner is Messrs Sarvasiddhi Agrotech Pvt. Ltd. which is a registered company and is in the trade of the supply of rice in the […]
The meeting of the 43rd GST council is scheduled for forthcoming Friday. Various stakeholders from the legislature and executive machinery shall participate in it. In addition, states shall also be represented in this meeting. It is much awaited as it shall deliver much valuable decision that includes but are not limited to. Merging GST Slabs […]
The Central Board of Indirect Taxes and Customs (CBIC) has relaxed the mechanism of GST refund provisions that includes within its purview providing the choice to taxpayers to withdraw the application. It has further amended GST rules and consequentially has excluded the time horizon from the date of filing of GST refund the application to […]
There is no paucity of funds in the government exchequer although it cannot be denied that government has to bear expenditure on welfare and growth and development activities in addition to meeting expenses of the state machinery of Judiciary, Executive and Legislative. This fact mirrored in an RTI filed at the CGST & Central Excise […]
Here is the reason for Taxpayers to be distressed and furious. No extension has been allowed beyond the May 20 due date for the purpose of filing the GSTR-3B and remitting taxes; however, the date for filing GSTR-1 that is required to claim input tax credits has been extended to May 26. “Ideally, the due […]
In the wake of the intense second Covid-19, Haryana has become the first state in the country to grant reimbursement of GST that is paid on Covid-related donations that are made to the state and state-run facilities. However, this exemption shall be valid till June 30. The aforesaid step has been taken to boost Covid-related […]
In the wake of the Corona pandemic and lockdown in Karnataka when production activities have choked and there is a huge cash crunch, Kassia (regulating body of Small Scale Industries) president KB Arasappa has requested the Finance Minister Nirmala Sitharaman to give an extension to the deadline for GST payments The government has revealed the […]
Owing to the second Covid-19, there has been a sharp slowdown in economic activity that has resulted in a fall in a one-year low of average daily e-way bills in the month of May. As per data released by Goods and Services Tax Network, 19.4 million e-way bills under GST have been generated on its […]
Often there is chaos whether GST is applicable to the foreign company or the Indian subsidiary of the foreign company. The Tamil Nadu AAAR passed a ruling that the GST is leviable on Credit card expenses incurred by employees of an Indian subsidiary of a foreign company. The appellant is “Messrs ICU Medical LLP” which […]
