Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
India has been an attractive marketplace for prominent Smartphone makers like Samsung, Xiaomi, and Micromax. Now, the GST rates shall be attracting these companies to locally produce phones in the country. All because the new taxation regime could counterbalance the cost benefits to manufacturing these phones in India.
The migration of old existing Rajasthan VAT Dealers has been started. The time period for the migration was 16/12/2016 to 31/12/2016. In upcoming details, we divided Rajasthan migration process for VAT dealers. In the first step, we explain how to get the provisional Ids. In the second step, we explain that how to convert the provisional Id’s in the GST Id and password. In the last step, we explain what the mandatory requirements while filling GST registration form are.
As you must be aware of the fact that GST roll out is stuck in the way because of several serious issues. The expected roll out is April 2017 but it is quite likely to be stretched till September. GST is a very ambitious project of the Indian Government. The new tax reform has taken two decades to come up and several GST Suvidha Providers have been formed who will provide their services over the GST.
The migration of old existing Haryana VAT Dealers has been done. The time period for the migration was 16/12/2016 to 31/12/2016. In upcoming details, we divided Haryana migration process for VAT dealers. In the first step, we explain how to get the provisional Ids. In the second step, we explain that how to convert the provisional Id’s in the GST Id and password. In the last step, we explain what the mandatory requirements while filling GST registration form are.
The Excise and Taxation Department will begin the enlistment for getting a Goods and Service Tax (GST) number tomorrow. The office will issue a Goods and Service Tax number to every enlisted merchant. On the premise of the primary letters in order of the name of the organization, the office will issue temporary passwords to the merchants from December 16 to 21.
As the Modi government initiated its greatest war on black cash yet, chief economic advisor Arvind Subramanian pitched for land and real estate under the GST administration to check tax evasions and black money avoidance.
A big time relaxation just showered from the top ministry as it conveyed the news that, GST would not be gulping down the most basic requirement food into its basket. Food processing industry is probably not going to have any unfriendly effect as far as tax assessment under the proposed GST administration as the area will keep on being saddled with existing rates, a top Food Processing Ministry official said today.
GST is one indirect tax for the whole nation which makes India one unified common market. GST is a single tax on the supply of goods and services, credit of input tax paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.
The Finance ministry toned their voice higher over the execution of the Goods and services tax (GST) from April 1, 2017, even as the Center and states are yet to achieve an understanding of the thorny issue of managerial turf over assessees and just two days are left for the winter session of Parliament to be over.
