In a meeting with probationers of 68th batch of Indian Revenue Service (Custom and Central Excise), the President Ram Nath Kovind has appreciated for making goods and services tax a success across the country.
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In a meeting with probationers of 68th batch of Indian Revenue Service (Custom and Central Excise), the President Ram Nath Kovind has appreciated for making goods and services tax a success across the country.
Post-GST implementation, the regional authorities, and the state government have become restricted in terms of increasing the additional taxes as most of the taxes now covered under GST levy.
GST was always an ambitious plan when one takes into consideration the diversity that India as a nation subsumes within its territorial boundaries.
MSMEs who work in the Sidco industrial estate around Coimbatore city area has requested to the government to make the easy mechanism in order to receive the return on time and to make GST simple.
The Madhya Pradesh state commercial tax department had cancelled registration numbers of over 5,000 traders and dealers in the state Suo moto post failure by the later to file GST returns.
A report by CBRE, the world’s leading real estate firm, said that India’s Logistics and Industrial space leasing activity increased by 45% to about 10 million sq ft in the first half of 2018 as compared to the first half of 2017, primarily because of the GST implementation last year.
Under the new GST Tax regime, it seems the plight of the disabled has gone to deaf ears. In Pre-GST times aids like wheelchairs, crutches were zero-rated.
The NAA or National Anti-Profiteering Authority was set up with the sole purpose of ensuring benefits from GST rate reductions reaches the common taxpayer
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.