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The apex body along with the responsible team of ministers and tax officials will be organizing a meeting to discuss and finalize the service tax under the GST.
SAG Infotech is offering a 10% commision to the reseller partner of Gen GST Software on each new deal.
The offer stands as 25% discount at the time of buying the Gen Service Tax software and the purchasing party will be entitled to get the upcoming Gen GST Software absolutely free.
The government is restructuring every possible move to synchronize with the upcoming GST regime, now the center is validating the point to keep the GST rates for a section of the product as neutral as possible.
Economic Affairs secretary Shaktikanta das cleared some doubts regarding the impact of GST on the basic nature of economic condition of the country and said that demonetization along with GST has the capabilities to take the tax to GDP ratio to a wider base while doing an overall improvement in the growth of economy in coming two-three years from now.
Central Board of Excise and Customs (CBEC) has proposed an e-way bill in the event of transiting goods worth INR 50,000 under the GST regime. This will ask for online registration of the goods consignment and this will give the tax authorities a right to inspect the element anytime if suspected of a tax evasion.
Finally the non-profit GSTN organization has assured of the data secured under its wallet as totally encrypted and can only be accessed by the authority officers and taxpayers.
Xiaomi, Asus, Motorola, Lenovo Oppo, Vivo, Infocus are some of the smartphone manufacturing companies which are building offline retail chain in the view of the equal marketplace on both online and offline after the GST comes into the picture.
The prime minister of India Narendra Modi took a quick review of the basic GST and digital India campaign from the union council of minister. The PM was present on the occasion while other significant ministers like Revenue secretary Hansmukh Adhia and Union finance minister Arun Jaitley were addressing the council meeting with presentations.
