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The states of India which are under the surveillance of non-BJP rulers like Punjab, Kerala, Rajasthan, West Bengal and Delhi spoke about their concerns related to GST compensations. They voiced against the Centre claiming that states are in the situation of the financial crisis to which centre needs to look upon. GST compensation is still […]
Urging on the need to call for a GST council meeting, Bengal Finance Amit Mitra said that there should be a meeting to discuss the unsteady GST collections, various GST rates Grab the information of revised GST slab rates on consumer products in India, Although GST council finalized the slab rates like 5%, 12%, 18% […]
In this post, we have summed up all the methods to both blocking as well as unblocking of the GST e-way bill generation for the taxpayers and assesses who have been out of the track in the fulfillment of government compliance. Also, we have attached all the rules and the screenshots of the complete process […]
The Central Board of Indirect Taxes and Customs (CBIC) is contemplating on taking stringent actions against the non-filers which may also lead to cancellation of registration by Goods & Services Tax (GST) officials. Besides, the procession made in this context will also be updated daily as decided by the GST department. Tax officials figure out […]
Uttar Pradesh CM Yogi Adityanath is persistent in increasing the tax revenue of the state. UP with the current count of 1.4 million registered taxpayers, CM of the state is intending to increase the numbers and reach up to 2.5 million marks by the next financial year. Highlights of the meeting of tax officials with […]
The income tax department has started sending queries to top-notch banks and companies if the common costs such as the CEO’s salary, are dispersed by them to its divisions & branches. A few top companies with the centre of operations in Pune, Delhi and Mumbai are being interrogated by the IT department on cross-charging of […]
What is DIN (Document Identification Number) Under GST? The Central Board of Indirect Taxes and Customs (CBIC) has taken the initiative to digitize and secure all the communication sent by it to registered individuals & taxpayers by starting a system that would generate a Document Identification Number (DIN) as the communication will sent by tax […]
This is an add on to the excitement for your upcoming holidays if you already have bookings for your stay in a hotel. As declared in a recent GST council meet, tax on hotel bookings has now been reduced which will allow the refund of excess amount paid by the customer earlier as tax (after […]
Two of the major government alliances The Indian Highways Management Company Ltd (IHMCL) and Goods and Services Tax Network (GSTN) have signed a memorandum of understanding which focused on the merger of FASTag with GST e-way bill system. About FASTag – Visible on vehicle’s windscreen, FASTag is a reloadable tag/sticker which automatically deducts the charges […]
