The government sources have said, to make the tax filing simpler for businessmen, the return filing may be changed from monthly to quarterly. They also said that the requirement for filing three GST returns will likely to be taken down to one.
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The government sources have said, to make the tax filing simpler for businessmen, the return filing may be changed from monthly to quarterly. They also said that the requirement for filing three GST returns will likely to be taken down to one.
Now goods and service tax (GST) has brought a new problem for the service provider dealers, the problem is their complaints are not going to Central GST department or to the State GST department.
In a drastic turn towards uncertainties, this time a Mumbai based tube and pipe manufacturer company has filed a written petition against the central government and goods and services network (GSTN) for allegedly changing the input tax credit claim figures.
In a recent matter in Mumbai, an activist seeking information from the India Meteorological Department (IMD) about the accuracy of their warnings and alerts was asked to pay GST on the fees by the CPIO of Mumbai IMD.
The government authorities have started many of the help desk and support services which have increased the overall credibility of the government authorities in the matter of goods and service tax.
The post-budget days have brought more bad news and new problems for the think-tanks in the GST Council. The e-way bill system developed by the National Informatics Centre (NIC) for tracking movement of goods worth over Rs 50,000 crashed within hours of its launch.
During GST regime, in only fortnight duration, around 18.4 lakh e-way bills are generated during goods transportation.
According to critics, GST is badly implemented tax as it is fighting against constant changes in rates and returns. But is it a truth or reality is different or just a self-flagellation from some groups?
Security goods which are imported for Special Protection Group (SPG) who guards the Prime Minister has not been exempted from GST making a weird situation for the ministry.