Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
R. Kalyanasundaram, president of Tamilnadu Pumps and Spares Manufacturers’ Association (TAPMAA) claimed that the GST (Goods and Services Tax) has taken their business to another level and GST is a boon to the small-scale units.
A smart humanitarian step regarding GST elimination on the equipment, including wheelchairs, crutches and hearing aids by an 11 years old schoolboy.
The provision under Section 80C and 80D of the Income-tax Act is that specified taxpayers could claim for deductions to the Insurance company on the total amount paid to them for specified insurance schemes.
GST (Goods and Services Tax) has come a long way even after facing a lot of problems. The government of India took a very important step by introducing GST in the country in the field of indirect tax reforms.
The manufacturer of wagons and other equipment of railways presented their combative grievance to the finance ministry about the inevitable burden of taxes on vendors and Railways because of not passing the input tax credit (ITC) benefits.
In the 34th meeting, the GST Council gave a green signal and finalised the modalities for changing the new tax rates on residential flats, thereby giving the builders options to choose.
Recently, the proper officer cancelled many registrations under the provisions of sub-section (2) of section 29 of the CGST (Central Goods and Services Tax) Act, 2017 read with rule 21 of the CGST Rules
As per the sources, the service providers with an annual turnover of up to INR 50 lakh has been given the time till April 30 to opt for the composition scheme and pay 6 per cent GST by the tax department.
It is the food aggregators, who have raised the issues in context to the GST Compliance and have requested for a thorough review. The Food aggregators like the Zomato, Swiggy and UberEats these days are gaining popularity bases the prompt and services being offered by them. It has started replacing the restaurant businesses but at […]
