GST is about to get a year old. And post discussions and reviews, the Central Government is set to introduce a total of 35 amendments.
Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
GST is about to get a year old. And post discussions and reviews, the Central Government is set to introduce a total of 35 amendments.
In response to the Finance Secretary Hasmukh Adhia’s written concern over the poor performance of the central tax officials when compared to their state tax counterparts
Online food delivery service providers are in hard situations as the decision of withdrawal of input tax credit provision from the restaurants had become an extra burden on both the eatery and service provider.
The GST Council committee has announced all the decisions taken in the 28th GST council meeting which are very significant issues of the GST.
Recently the GST E Way Bill was made mandatory in the national capital of India i.e. Delhi for the intrastate movement of goods for complete B2B transactions valuing more than 1 lakh starting from 16th June 2018.
The RERA was introduced in 2016 but became fully functional in 2017. All 92 provisions came into effect in May 2017. This was followed by the introduction of GST in July 2017. And with RERA and GST, India’s two long-awaited needs were fulfilled:
The last date for sale of pre-GST packaged goods has now been extended till July 31. The pre-GST goods, however, must be sold with stickers on them and must reflect the changes in MRP (increase or decrease) post-levy of the new GST rates.
The National Anti-Profiteering Committee owns an overarching mandate under GST. The Indian GST, a complex indirect tax structure, categorizes goods and services in five tax slabs viz.
The National Anti-Profiteering body set up under the newly introduced GST ensures that the benefits from GST rate reduction reach the consumer.