Powerd By SAG INFOTECH
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For the convenience of the taxpayers, the GST Network recently has started the new functionality on the portal which helps to simplify the return filing process under GST.
A senior official mentioned in a statement that the government may permit the use of stickers to show reworked maximum retail price (MRP) on stocked goods of pre-GST for three months until March 31.
In a lieu to aware businesses about wrongful conduct in input tax credit claim, the Finance Ministry requested the businesses to relook at the claims from earlier tax regime
It has been more than five months after GST implementation, but experts are still confused and not able to reevaluate the stir-clear benefits of GST in various sectors.
Ex- RBI Governor, Y. Venugopal (YV) Reddy said that it is impossible for the economist to estimate the growth of GDP in short- term and the country would require two more years to recover the economic conditions after the two major shocks – implementation of GST and demonetization.
According to a survey conducted by the Confederation Indian Industry (CII) reveals several facts regarding the country – Business Confidence Index (BCI) enhanced, growth in the economic conditions of the country in the third quarter of FY 2018.
Aadhaar, as the name suggests, has become the basis of all important documents and bank accounts and the government has mandated all the documents to be linked with Aadhaar till 31st March 2018.
Aadhaar, as the name suggests, has become the basis of all important documents and bank accounts and the government has mandated all the documents to be linked with Aadhaar till 31st March 2018.
We accept that the GST implementation slowly but reduced the drawbacks of the previously formulated tax collecting procedure. The Government is penetrating full-efforts to overcome loopholes in GST mechanism.
Goods and services tax is now half a year old and still demanding necessary changes to be implemented as soon as possible according to the advisory group of GST which is activated for the vigilance for any differences and demands of GST accordingly.
