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In a hurry to file the GST returns, the taxpayers have now started to line up at the tax offices, GST commissionerate helplines, and at various tax professionals including chartered accountants. And to help the taxpayers with their tax returns, the GST commissionerate is also organizing various Seva Kendra. As per the GST commissioner, around […]
One of the Kirana merchants who is engaged in the business of selling pulses, spices, and dry fruits in the APMC market, in Vashi Mumbai, doesn’t seem to people these days with the current GST system enforced by the central government. This particular medium scale retailer has been active in APMC, Mumbai, for the last […]
The Authority for Advance Rulings (AAR), West Bengal has recently declared that input tax credit (ITC) will not be admissible against the GST paid on the purchase of motor vehicles for supplying rent-a-cab service, under the section 17(5)(b)(i) of the GST Act. In a recent hearing, an applicant claimed that she provide rent-a-cab service according […]
GST 2.0 regime is a new advancement in GST taxation. It is assured for a single, moderate, standard rate of tax by the Congress, which would be covering all goods and services.
The business community of Chattisgarh asked the Congress government to remove the e-way bill and for sectors like stationary, clothing and cycle, only one tax slab must be applied.
According to the polls, it has been ascertained that the center may postpone the new format of GST return filing developed for simplified monthly returns for the Goods and Services Tax (GST).
Infosys is now geared up to release a new GSTR filing form in order to simplify the IT return form for the business units as ordered by the GSTN Group of Ministers (GoM).
After a long discussion, E- way Bill (trial) has been finally implemented in the country in January 2018. Since only 50 thousand people have registered for the service in the first five days, some experts believe that E- way bill took a very low start, as more than 80 lakh taxpayers are already registered on the GST Portal.
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.
