Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
In September, the collection of Goods and Services Tax (GST) came up to INR 94,442 crore, when compared to INR 93,690 crore from the previous month. The data of GST collection was released by the Ministry of Finance on Monday.
GST has been introduced in India to equalize the tax deductions throughout the country. In this context, the builders are advised to buy construction materials only from the registered suppliers so that things could be kept transparent viz.
After the havoc created on Tuesday due to increased petrol and diesel prices, the government has frozen the fuel prices for Wednesday and it remained fixed to Rs.86.72 and Rs.75.74 for petrol and diesel respectively.
The Orissa High Court has instructed tax authorities not to take any substantial action against importers on the issue of advance authorization licenses for GST.
Since July 8, 2017 – the day when GST was implemented in J&K, it has been observed by tax officials that the state revenue collection in the state dropped down nearly by Rs 1300 crore.
2017 GST notifications are mandatory for all the relevant and current happening within the goods and services tax regime.
In a major relief to traders and transporters, the commercial tax department today freed transportation of goods pertaining to job work free of any e-way bill compliance provided the goods are being transported within 50 km of the point of sale.
The Delhi High Court has asked to withdraw the petition, which was filed by Meerut Publishers Association and Institute of Management Association, on the constitutional validity of the RCM (reverse charge mechanism) under the GST
Kolkata is popularly known as the City of Joy. But the GST regime it seems has not brought much joy to the security agencies in the city as well as the state.
