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Cost-effectiveness is trending and the implementation of GST and E-way bill supports the same. This is evident from the declaration which has come from the Accutime which hinted and suggested the Cos rethink its logistics.

Tax sleuths have planned a fresh crackdown on traders practising tax evasion of Goods and Services Tax (GST) by pursuing new registration for their businesses without dismissing a prior one.

Recently on 1st April 2019, the GST e-way bill turns 1 year older as it was implemented a year ago. In this new financial year 2019-20 which brought multiple changes in rules, also made easier for transporters while generating the bill.

Recently, the goods and service tax (GST) authorities are seen in a hyperactive mood tightening their reigns on the taxpayers, who are found guilty of not paying their tax dues.

The new financial year brings along new rules and regulations like new alterations regarding Aadhar cards, GST, etc but there is no compulsion for fresh invoice number with the beginning of the new financial year. Rule 46 of the CGST Act does not bind any taxpayer to start a new invoice series for the new financial year, and they can continue from where they left by the end of the last financial year.

GST 2.0 regime is a new advancement in GST taxation. It is assured for a single, moderate, standard rate of tax by the Congress, which would be covering all goods and services.

GST council had already finalized the decisions regarding the alteration in the GST rates on real estate to 1% & 5% for affordable houses and other under construction properties respectively.

After a steep downfall in GST Revenue collection in the month of February 2019, March has raised a flag to fetch an honour for the GST department and the Government as well by making a record collection in terms of revenue collection this month.