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A division bench of the Madhya Pradesh High court rendered the GST department to acknowledge levying the penalty on the taxpayer for the issue of the accidental human error in the E-way Bill. the applicant M/s Techno Steel Infraprojects is a private company who is involved in the business of steel as well as HT […]
The special secretary and member Vivek johri has recently issued a letter to its colleagues which stated that there might be multiple changes in the union budget of 2021-22 which would be presented in Jan/Feb 2021. In the amendment, it has been suggested that there would be changes in the duty rates and rationalization of […]
National Anti-Profiteering Authority (NAA) fined Baba Ramdev’s Patanjali Ayurved Ltd. a total of INR 75.08 crores for the company’s not transferring the benefits of reduction in the rates of Goods and Services Tax (GST). According to sources, the NAA said that the company increased the price of their washing powder even after the rates of […]
GST ALL INDIA IMPORTANT LINKS 1. All website related to GST GST Portal http://www.gst.gov.in/ GSTN Portal http://www.gstn.org/ Central Board of Excise and Customs http://www.cbec.gov.in/ GST E-way Bill https://ewaybill.nic.in/ 2. Government of India websites Ministry of Finance http://www.finmin.nic.in/ Ministry of Commerce http://commerce.nic.in/ Central Board of Direct Taxes http://www.cbec.gov.in/cae1-english.htm Central Board of Excise & Customs http://www.cbec.gov.in/cae1-english.htm Service […]
Tax officials and businesses are preparing for filing GSTs first annual return and have expressed their nervousness about the change in the current format and if it is not done then the entire year’s records have to be re-created.
The telecom sector has witnessed one of its worst financial years amidst the disrupting tariff wars. The tariff war was sparked by the entry of Jio which offered affordable data plans with free voice and SMS services to its customers.
It’s been more than one year since Goods and Services Tax (GST) came into existence. But still, there are problems in implementing it. The jurisdictional overlap between the field officer of Central and State government is still the big affair.
The NAA or the national Anti-profiteering Authority under GST has pulled up MNC’s for not compensating consumers with the benefits accrued from GST rate relaxations.
GSTR 5A return filing form is mandatory form required to be filed by all the internet service providers or Online Information and Database Access or Retrieval (OIDAR) Service Providers.
