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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.
Now even the B2B i.e. business to business merchants are in the queue to obtain certification of passing benefits to the consumers from the final vendors and retailers in order to corner down the anti-profiteering clause that may hamper there otherwise obligation if paid no concern.
The Finance Budget 2018 gave little relief to the high expectations of the secondary metal producers. On Monday a representative group met senior officials in the Ministry of Finance to address grievances.
General Public pays a small amount for using Public Facilities provided by the Central Government. A small amount of Rs 2 is charged throughout the country as maintenance cost.
The Commerce Ministry of India has asked the government to put one Goods and Services Tax (GST) rate on multimodal transportation medium of vehicles in order to lower compliance burden on automobile producers and enhance logistic services, an official mentioned.
Arvind Subramanian, the Chief economic adviser of the government of India, recently gave a hint that the country might be headed to implementing a single rate for GST, which was launched in July 2017.
GST e way bill is an electronic bill which will be required for the movement of goods in case the value of the goods are above 50 thousand rupees. The bill can be generated from the GSTN portal and every registered taxpayer must require this e-way bill along with the goods transferred. And learn its […]
GST E Way Bill registration or enrollment is an easy procedure on Indian Government official portal (ewaybill.nic.in) as we have described a very simple manner. To generate GST e way bill, there are certain steps which have to be followed by the taxpayers. To generate the GST eway bill, it is mandatory to register on […]
The Finance Minister Mr Arun Jaitley, unlike previous years, has not been able to generate the usual pre-budget sales buzz. The main reason for this can be solely attributed to the new GST tax regime introduced on the 1st of July last year.
