Seeking problems faced by taxpayers in GST filing, GST practitioners have come forward in order to form a Joint Action Committee (JAC).
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Seeking problems faced by taxpayers in GST filing, GST practitioners have come forward in order to form a Joint Action Committee (JAC).
The two-day tax conclave will be held in Ahmedabad on July 14 & 15. The meeting will be attended by around 200 tax practitioners from over 26 Indian states who will discuss the ongoing issues of Goods and Services Tax (GST).
One Nation One Road Tax is a proposal from GST council to make one road tax across the country just like the Goods and services tax.
The E-Way Bill introduced under the GST has been a great success and the data proves it. Since inception on April 1, 2018, the total number of E-Way Bills generated sums up to 9 crores 42 lakhs.
In a report and a tweet from the GSTN account had clearly stated that the Maharashtra tops in generating e way bills for the transportation of goods through motorized vehicles of value more than 50,000.
Goods and services tax is a major tax structure implemented through India with a scope of tighter compliances and revenues for the government. In the wake of this fact, many of the GST officials are trying hard to account for every taxable transaction.
The current sorry state of the once flourishing Surat’s Textile Industry can be attributed to the policies of the State Government.
After more than one month of GST E Way Bill implementation, now the GST council and central government have mandated the rollout of the intrastate E Way Bill in the states of Maharashtra, Manipur and Union territories (without legislature).
Recently the central government and GST council have implemented intrastate GST e-way bill in the state of Odisha starting from 23rd May 2018. The state is now responsive towards the GST e-way bill for the movement of goods interstate.