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A reassessment order has been revoked by the Calcutta High court on the basis of non-compliance of section 148A notice under the income tax act 1961 and rendered the applicant’s matric commodeal Pvt ltd to furnish the cost of Rs 5000 applicant to the Calcutta High court legal services committee. The applicant was hurt, as […]
The tough struggle upcoming for GST council for taking a reformative decision is that it can prepare for GST rate rationalization by the means of fitment community nominated by a GoM on the GST rate of rationalization to acknowledge the increase in the slab of 5% to 7% and 18% to 20%. “The group of […]
West Bengal’s Authority for Advance Rulings (WBAAR) specified that the supply of the cooking gas via pipelines from the gas banks to the residential place shall be the supply of the services and to be provided within the facility and management services AAR has specified it a name as the composite supply beneath GST in […]
Rs 6000 cr to the states has been given by the center as a 6th installment concerning as a back loan so to furnish the GST shortfall, with the amount of Rs 36000 cr via a special window. Out of this amount of Rs. 5,516.60 crore has been issued to 23 states and Rs.483.40 crore […]
The Delhi Government has issued a notification informing that the registered persons who failed to file their returns in FORM GSTR-3B by the due date for the months of July 2017 to January 2020 will not have to pay a GST late fee Check out due dates of payment under GST for general and composition […]
The union finance ministry on Thursday announces that the present government congress who rules Rajasthan became the 25th member of the Goods and service tax (GST) administration to admit Rs 1.1 lakh crore through all members so as to fill the gap built during the lockdown in 2020-21 as given by the centre. From the […]
Puducherry has accepted the proposal of the center to borrow Rs 1.1 trillion to bridge the shortfall for goods and service tax (GST) collection INR 1 trillion GST has been collected for the very first time in the eight months in October post unlocking from September. Any month GST collection resembles the business received in […]
Almost every state is going through a tough time due to the Covid-19 pandemic and lockdowns, but the condition of Uttarakhand seems worst among all in the case of GST Collection In April and August of the current year, the Goods and Service Tax GST revenue sees a sharp decline of 30.4% in comparison to […]
Kerala’s Finance minister Thomas Issac on Friday said that a levy of 3 per cent GST on the sale of vintage gold has to be proposed to check tax evasion. As the Group of ministers has concluded to develop the e-way bill for carrying the gold within the states while applying it to the interstate […]
