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Recently the ministry of road transport asked finance ministry for a GST rate cut on all the hybrid vehicles in order to boost their sales and confidence in the customers of such vehicles. It is to be seen that the said agenda will be in the next GST council 37th meeting to be held in […]
In a hurry to file the GST returns, the taxpayers have now started to line up at the tax offices, GST commissionerate helplines, and at various tax professionals including chartered accountants. And to help the taxpayers with their tax returns, the GST commissionerate is also organizing various Seva Kendra. As per the GST commissioner, around […]
Several changes have been made to the CGST Act, which will benefit the taxpayers in terms of ensuring compliance. The recent update in the different sections of the CSGT Act is related to the tax payments and interest, which will ease out the process of GST return filing View the full comparison report between old […]
A glance on the latest scrutiny reveals that 15% of Indore dwellers are filing annual GST return while rest in the city are still struggling to understand new tax compliance legislature. Taxpayers in the city are worried about the fast-approaching due date as well as other complexities of the new tax regime are requesting the […]
The businessman from the city of Jammu asked for the due date deadline extension for the income tax filing as well as for the goods and services tax return filing. The reason behind the extension given by the Chamber of Traders Federation(CTF) was the suspension of internet services across the state which made the return […]
Deceleration & Descent of various sectors have been a matter of concern for Prime Minister and Finance Minister of the nation and so they have been pressing pedals to revamp the economic scenario which can give wings to soar to all the sectors. The Finance Minister and the officials of Prime Minister have been meeting […]
Only 20% of Visakhapatnam Traders have filed central goods and services tax (CGST) returns till the date and 80% of them need to urgently file the returns before the due date of 31st August 2019. The due dates for filing GST returns have been extended many times due to the complexities and cumbersome process involved […]
The 37th GST council meeting has been conducted in Goa. The GST council meeting has gone through all the pending matters of the return filing, refund, new filing system, automobile industry and hotel industry for their betterment. There are some of the products on which the GST rates have been reduced and various other measurements […]
This financial year i.e. 2019-20, the GST collections of some of the backward states have come forward unexpectedly. The states such as Bihar, Uttar Pradesh, Odisha and Madhya Pradesh have recorded much better collections. The forward states such as Maharashtra, Gujarat, Karnataka and Tamil Nadu were earlier known to give better GST collections but now […]
