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Recently the Tamil Nadu Authority of Advance Ruling (AAR) notified that the Children Scooter, Activity Ride-on, Smart Tricycle and Kick Scooter are eligible to be levied with 18% GST. One applicant named Joshna Candesh Shah also happens to be the trader as well as importer of playing toys from multiple regions and countries and further […]
An Easy System of Implementing the Business for MSMEs The Confederation of All India Traders (CAIT) inside the communication to chief ministers of all the states shown that the cause of the significant delay of the GST by the “big e-commerce companies by artificially reducing the prices of the goods sold at their e-commerce platform […]
Beneath covid impact, the MSMEs and startups have been asked by the government to prolong the GST payment along with the last date of furnishing the returns for the month of March, April, and May to June 30, 2021. As per the analysis of MSMEs and startups through community social media platform LocalCircles as many […]
The third Lockdown is going to end on 17th May 2020 but PM Narendra Modi on 8th May already indicated that the next lockdown is on its way. With back to back lockdowns, everything except shops for essential products was closed for over a month. Due to lockdowns caused by Covid-19 Panadamic, every sector is […]
Finance Minister Nirmala Sitharaman told that the government will iron out issues bothering traders under the Goods and Services Tax (GST) regime and that GST would be additionally simplified, on Tuesday in a CAIT (Confederation of All India Traders) program. Budget preparation is in full swing, keeping the relief for the taxpayer at greatest importance. […]
Finance Minister Nirmala Sitharaman at the National Traders Convention of the Confederation of All India Traders (CAIT) spoke in favour of traders, taking cognizance of the problems faced by the traders in the present taxation system. FM highlighted that the traders bring in tax revenue and the government would never want to annoy them with […]
In the digital era, when many new chartered accountant software are released regularly, it becomes quite difficult to pick the most reliable, ingenious and relevant. Smart decision-makers purchase tried & tested products, and that should be the way. Availing of a free trial is the best way to make a quick uptake decision. SAG Infotech […]
The new filing system is starting up on April 1, 2020, the demonstration session about the same shall be first conducted by the Goods & Services Tax (GST) department adhering to the orders of Finance Minister Nirmala Sitharaman. FM has given orders to the GST dept to organise demo & consultation sessions for new return […]
The Income Tax Department is intending to scrutinize the business of Flipkart and Amazon starting with the details of their top five sellers in India. The motive behind the scrutiny is to check whether these top and most competent online e-commerce portals are obedient to the Goods and Service Tax regime. Alternatively, it appears to […]
