Powerd By SAG INFOTECH
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There is always a doubt as to how a taxpayer can withdraw its remaining tax balance left with the government in case he chooses to cancel its GST registration.
In a recent controversy towards the faults and glitches of the GSTN portal, the Gujarat Sales Tax Bar Association (GSTBA) has warned the government authorities for an indefinite strike against the GSTN portal which is not working properly from a long time.
In a lieu to aware businesses about wrongful conduct in input tax credit claim, the Finance Ministry requested the businesses to relook at the claims from earlier tax regime
As the GST council has reduced the tax rates on restaurants from 12-18 percent to direct 5 percent, there is a happy vibe in the industry.
Senior Government officials have expressed disappointment with the Infosys due to the technical glitches and issues in filing returns at GST Network (GSTN). In regard this, the government has to extend the deadlines for filing returns several times.
After the implementation of GST, it was significant to the under various provision regarding the ITC availability in the matter of sale and purchase of capital goods under the goods and services tax regime.
FMCG companies made a full proof plan to by-pass anti-profiteering measure to ensure its benefits and profits, letting common people go in the bin.
Goods and services tax will be developing some tough situations for the business units to survive with the hectic compliance issues. As it is speculated that small and weak credit profile companies will be having more difficult issues.
The Andhra Pradesh High Court dismissed a writ petition challenging a GST assessment order due to an inordinate and unexplained one-year delay. The court also upheld that notices uploaded on the GST portal constitute valid service under the law. AR Steels, the applicant, submitted the writ petition seeking the assessment order passed from December 2021 […]
