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Huge Benefits for Firms After Abolition of GST Audit

New GST Audit Provision May Save 30k Crore Annually of 10 Million Firms

The government’s resolution to abolish the GST annual audit with some important GST will assist at least 10 million firms to save their audit fee whose worth is nearly Rs 30k cr yearly and while cutting the compliance burden 2 councils with direct knowledge of the matter stated upon the anonymity. But the accountants are […]

CA Institute Meeting with FM for GST Audit

ICAI Meets FM Sitharaman on Consequences of GST Audit

Office bearers of the Institute of Chartered Accountants of India meet Finance Minister Nirmala Sitharaman so as to have the consequences of the move to dispense with audit beneath GST act. They urged the government’s move to rectify the compliance of the law for the easy functioning of the trade and business sector. They show […]

Levy GST on Food and Room Service to Inpatients

Hospitals Under GST Radar on Food & Room Service to Inpatients

The tax council was checking out the country’s biggest Pvt hospital to find that they have to file the GST on food provided to get admitted the patients. As per the present guidelines GST will not be applied towards any service which is given by the hospitals except they are concerned with cosmetics, including cosmetic […]

Gen GST Software Installation Guide

Complete Installation Procedure of Gen GST Software on PC

Gen GST software is a class-leading software for filing complete GST returns with all the major forms such as GSTR 1, GSTR 3B, GSTR 9/9C, and many more. The software can also apply for an available input tax credit on the behalf of assesses and is able to offer assistance in every step of GST […]

No GST on Power Services by Center

RAJ HC Not Permitted to Levy GST on Some Power Services by Center

Rajasthan High court has canceled the classification provided through the Union government that had permitted the council to impose the goods and services tax (GST) on a particular section of the power supply. There is zero GST rate Grab the information of revised GST slab rates on consumer products in India, Although GST council finalized […]

Aadhaar Authentication Not Necessary for Foreigners

Relief in GST Registration for Foreigners & Government Entities

The foreign individual and the government entities from the compulsory need of Aadhar grounds authentication has been prolonged towards the goods and services tax(GST) enrollment. The Indian people will need to follow the Aadhaar authentication or personal verification route for GST registrationGet to know the complete GST registration procedure online on the Indian government GST […]

GST Collection in Feb 2021

Expectation of INR 1 Lakh CR GST Collection in February 2021

There is an expectation of Rs 1 lakh cr GST collection for the straight 5th month in Feb converting it to the highest sustaining collection ever where its indirect tax regime was launched in July 2017 which shows the reliable economic return. The early prompts like the GST e-way bills generated Get to know about […]

Uber Filed Appeal for Transparent GST Structure

Uber Wants Clarity in GST Structure for Its Pillion Ride Services

To the Central Board of Indirect Taxes (CBIT) is been received to acknowledge the representation build by the Uber Indian Systems Pvt Ltd to either privileged it from furnishing the GST for motorcycle pillion rider services said Madras high court provided through it or received these taxes from all the other firms which will provide […]

12 Percent GST on Thermal Spray or Metal Alloy Coating

Karnataka AAR: 12% GST Rate for Job Work of Metal Alloy Coating or Thermal Spray

The Karnataka Authority of Advance Ruling (AAR) held that 12% GST is appropriate for Job work of Thermal spray/metal or metal alloy coating on goods pertaining to different persons if the principal is enrolled. The petitioner is the owner of the Sprayment surface technologies Pvt ltd. and makes various classes of thermal spray or metal […]

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