Powerd By SAG INFOTECH
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The PM Narendra Modi has said that the upcoming union budget will not be the populist one and revealed that it is just a mere misconception that common man wants some freebies and sops.
The GST council is trying to simplify the rules of the new tax regime for the taxpayers. While the queries related to the GST recorded by the National Consumer Helpline indicates that the consumers and the general public were facing problems in GST.
GST E Way Bill registration or enrollment is an easy procedure on Indian Government official portal (ewaybill.nic.in) as we have described a very simple manner.
Even though the demonetisation and GST effects may have faded away with the time, it seems that the Karnataka’s farm sector is still under bad conditions due to these two factors that caused a massive eruption in the Indian economy recently.
It is expected that the polymer downstream industry is all set to grow in the eastern region of the nation which also includes West Bengal.
Strict actions have been taken by the government against 17,527 alleged tax evaders first time in six months since the introduction of the Goods and Service Tax Regime (GST).
GST e way bill is now a reality as the GST council has decided to uplift the e way bill into action from starting 1st February 2018. A GST e way bill is a mandatory document for all the logistics transactions with value more than INR 50,000 while transportation by road and air (within India).
Contractors who accumulate royalty collection will charge royalty along with 18% GST from the truck owners who are loaded with limestone in the truck from 8 January 2018. This recovery will be based on unpaid revenue.
The Digital camera makers Canon, Nikon and Sony requested the government to eliminate digital cameras from the 28% GST slab which is highest considering all brackets, and this move will be favourable to India’s assertion to the Information Technology Agreement to reassure lower tax levy.
