Recently the exporters charged allegation against the government for not clearing GST refund claims of around 22,000 crores as the finance ministry itself dismissed the facts stating them exaggerated and inaccurate.
Powerd By SAG INFOTECH
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Recently the exporters charged allegation against the government for not clearing GST refund claims of around 22,000 crores as the finance ministry itself dismissed the facts stating them exaggerated and inaccurate.
Recently it was found that most of the private banks in India have been charging goods and services tax on the remittance transactions done by business correspondents.
E-way bill was introduced earlier this year as part of the GST Tax System. It was aimed at making transportation of goods or consignments within or outside state boundaries more transparent and accountable.
The Kerala AAR’s has recently ruled that threshold exemptions will be applicable on the individual earnings of co-owners who are participants in a jointly owned property.
Exporters and the overseas shipments are in liquidity problems as the government has held more than 22,000 crores as stated by the FIEO recently.
Goods and services tax made a lot of changes to the indirect tax structure prevalent earlier than 1st July 2017 and made huge changes to make it accurate and uncomplicated as compared to past tax projects.
Recently the last for registration of GST practitioner exam has been extended till 15th October 2018, which was earlier 10th October. The registration for the examination was commenced from 25th September 2018.
As pointed by the purchasers, a Maggi noodles merchant has gone under the scanner for not passing on the advantages of goods and services tax (GST). A complaint was upheld in the same regard by National Anti-Profiteering Authority
The government finally made a strict pool of GST officials against the tax evaders who are now liable for prosecution from both state and central GST officials in case they are caught doing unethical GST return filings.