Search results for: GST Act

The government of India is busy tackling the GST woes and has ended up losing a lot of road kilometres this year.

In a recent crackdown on the central government, the supreme court has seen a rise in cases where the central government is one of the parties involved in the case.

The government sources have said, to make the tax filing simpler for businessmen, the return filing may be changed from monthly to quarterly. They also said that the requirement for filing three GST returns will likely to be taken down to one.

Now goods and service tax (GST) has brought a new problem for the service provider dealers, the problem is their complaints are not going to Central GST department or to the State GST department.

It is the time when taking loan can be based on GST data instead of taking a loan in exchange for gold.

The goods and services tax in India is making several accomplishments while creating extra compliance to assimilate changes into a manageable one.

The government has released the directives suggesting that after GST implementation, the business which is away from Investment promotion assistance will get relief in all kind of matters from next budget session. Further, the business has got an extension until next year to compensate the problems faced by businesses.

The government has finally decided that transaction credit can be claimed by individual firms, after getting criticised by two high courts over the GST working portal

In a drastic turn towards uncertainties, this time a Mumbai based tube and pipe manufacturer company has filed a written petition against the central government and goods and services network (GSTN) for allegedly changing the input tax credit claim figures.