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The e-way bill system in the coming time would be enabled to calculate the distance for movement of goods bases the postal PIN codes of the source and destination locations but, there would be a 10% variation allowed.
Many of the exporters have come under the tracing radar of tax authorities in India for claiming the tax credit two times for the same export under the inverted duty structure.
The Goods and Services Tax (GST) Council is a federal body between the States and the Centre, but according to the States, Centre is enjoying the creamy side of this arrangement and letting the states wait for the dues.
The West Bengal Chief Minister, Mamata Banerjee gearing up for the upcoming election has announced the Election Agenda and with this has tried to assure the national audience for a thorough review of the GST system.
E-Way Bill is abbreviated as Electronic Way Bill. It was April 2018, when the e-way bill system came into existence under the GST Regime.
The Congress president Rahul Gandhi is facing objection by a representative Body of traders especially the small businessmen comprising the retailers, due to his alleged statement where he denoted GST as ‘Gabbar Singh Tax’.
The GST implementation has affected almost every sector and thus the power sector too. There has been a shift seen in the promotion of the power generation mode.
GST CMP-01 or GST CMP-02 are the Forms, supposed to be filed by the dealers in order to make the Government aware of his/her opting the Composition Scheme.
Dimapur-based Pinnacle Skills training institute has launched Goods & Services Tax (GST) accounts assistant course at a launch event organized at Westcity conference hall, DC court junction, Dimapur, on March 16.
