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It seems that there are no end to the disputes related to the ambitious goods and services tax, the Bengal finance minister has came up with the statement that there can not be implementation of goods and services tax from the July 1st and it will be under scanner as it contains various factors which prove fatal for the lower economy of the nation.
The migration of old existing West Bengal VAT dealers has been ongoing right now. The time period for the migration is 30/112016 to 15/12/2016. In upcoming details, we divided West Bengal migration process for VAT dealers. In the first step, we explain how to get the provisional Ids. In the second step, we explain that how to convert the provisional Id’s in the GST Id and password. In the last step, we explain what the mandatory requirements while filling GST registration form are.
West Bengal finance minister is relentlessly pressurizing the point that the demonisation effect will also cover the GST and its roll out in coming future. West Bengal finance minister Amit Mitra said that, “the timing is not right for its implementation, given the impact on state finances because of the partial demonetisation, Demonetisation of Rs 500 and Rs 1,000 currency notes, and the resulting turmoil, makes April 1, 2017, target date for a national goods and services tax (GST) unlikely.”
The trust issues are escalating with more data being shared with states by the center as the finance minister of West Bengal has given a discontentment sign with the data and has objected towards the center that it was manipulating the actual taxpayer base data all the time.
The government sources revealed that the West Bengal Assembly will be discussing the GST Bill around the first week of November. Previously, the assembly planned a two-day special session on August 26 and also proposed to rename West Bengal as Bengal, which was agreed by the members and passed later on. But, the GST bill ratification remained pending in the Assembly.
An AAR (authority for advance rulings) said that the companies can now take the benefits of ITC (Input Tax Credit) in the GST (Goods and Services Tax) reign even if the inputs that have to be paid between them comes from their books after making the amendments. The input also includes the tax that has […]
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.
Open the West Bengal vat site i.e. http://www.wbcomtax.nic.in/ Now click on https://egov.wbcomtax.gov.in/DealerProfile This link is provided on the home page of the site. After that enter user id and password of the client. After login the Provisional id and password will automatically generated shown at the screen.
An officer of the Central Goods and Service Tax (CGST) of Kolkata zone, informed that the GST revenue Collection from assessments, which are controlled by Central Administrator, in West Bengal has fallen a bit in June 2020, as compared to the collection of the same period in the previous year. As per the previous year’s […]
