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The GST council and the government similarly have concluded that the delay of registration is also caused by some mismatch of documents and service irregularity and for this, the government has thought to extend the registration date. Around 1.85 lakh merchants out of the 3.53 lakh enlisted with the VAT department have selected on the GST portal from December 16 till date.

In an official meeting with Telangana Finance Minister Etela Rajender, the delegates of All India Gems & Jewellery Trade Federation (GJF), demanded that Goods and Services Tax (GST) on jewels should be capped at 1.25 percent.

It seems that an emerging sector named e-commerce is now in a dooms period as the latest GST provision covering for the fact that the TCS will be collected on the behalf of sellers and must be submitted to the government for the proper continuation of the companies in the current tax structure.

The main part of the adversity in the Indian corridors of financials is being faced by the goods which tend a dual face of their own entity based on their use and effects on the society in general. In front of a pivotal GST Council meeting, different well being bunches have emphatically suggested that tobacco […]

In a term for good dedication, the government and council have thought to give some liberty as for the beneficial up gradation to the amendments

It seems that a black cloud is hovering over the e-commerce companies as these are most tensed for the clause arose spontaneously from the GST and now they are Searching for revisions in the draft model GST law, India’s e-commerce giants like Amazon, Flipkart and Snapdeal had come together at FICCI to talk about an arrangement in the law related to TCS (tax collection at source) – an arrangement in the Goods and Service Tax.

A senior authority from the financial segment said that the non-life insurance industry is searching for concentrated enrollment office and relatively bring down rates for a smooth execution of GST. Goods and service Tax (GST)

Indeed, even as the economy is getting itself together post-note boycott stun, the usage of goods and services tax(GST) is likewise liable to bring about genuine interruptions, Avendus Capital Alternate chief executive Andrew Holland said on Tuesday.

The government is intent to take every measure for the fulfillment of GST in every corner and for the betterment, and by this oath, the administration has taken a step to ensure the better progress of profits after the implication of tax regime among the consumers.