Search results for: Goods and Services Tax

The Union Government launched the biodegradable sanitary napkins ‘Suvidha’ to mark the 2018 International Women’s Day.

On March 10, The GST Council will meet for its 26th meeting since the new GST Tax was levied last year. The deadline for filing of sales return i.e the GSTR-3B may be increased by three months till June.

A report is prepared by Deloitte Haskins & Sells for the Business Aircraft Operators Association (BAOA) has said that, as the indirect cost on rental service is increased from 15 per cent to 18 percent, it will levy a higher burden of cost to the end customer.

The Directorate General of Safeguards has started an investigation and notified as well in 53 cases, as mentioned by the parliament.

Though the government is getting praised for the new tax regime system from the industry, small enterprises and traders are still facing lots of the problem in decoding the GST, due to the technical glitch.

Businessmen and traders have to revisit and aligned their return filing system before 1st April. As the government who has delayed the penalty on GST return filing, it will end in April.

The Indirect Tax Department stated that electricity meters will attract goods and service tax (GST). This was also confirmed by the Central Board of Excise and Customs (CBEC). Electricity does not come under GST but the rent on electricity meter is not exempted from GST.

The Directorate General of Safeguards (DGS) recently asked Hindustan Unilever about clarifications regarding the methodology used by the company in reaching Rs 119 crore to the government after it was not able to pass the GST benefits to customers.

The government of India is busy tackling the GST woes and has ended up losing a lot of road kilometres this year.