Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Delhi government has circulated the rules on the issuance of the show cause notice under GST. a notice has been drawn of the competent head that in various cases non-speaking and vague Show Cause Notices (SCNs) would be provided in violation of the provision of the GST act and the rules build in it. Towards […]
Before the Union Budget 2022 which is to be announced on 1st, Feb 2022 businesses see the amendments and the reliefs in context to the fiscal year. People are seeking economic recovery and simpler compliance because all see towards the investment for India which proceed to the faster-growing economy in the world while the others […]
Process for a Recovery Towards the Mismatch in GSTR 1 & 3B The Central Government presented modification to Section 75 (12) of the CGST Rules, 2017 through inserting an illustration so as to retrieve self-assessed tax without having to resort to proceedings u/s 73 or Sec 74 of the CGST Act, 2017. The illustration describes […]
The tax refund will not take place towards the extent of the non-reversal ITC under GST said by the commissioner. The petitioner is the owner of the M/s Stone Craft (India) Pvt Ltd which is a 100% exporter and poses the business of purchasing, processing, and exporting of the natural stone and does not involve […]
GSTR 9 and GSTR 9C Forms Due Date Extended Finally, GSTR 9 and 9C Due Date Extended by Government Over Multiple Request. The annual return form GSTR 9 and the reconciliation statement i.e. self-certified statement forms GSTR 9C for the FY 2020-21 due date have been extended finally by the government in order to justify […]
Clothing Manufacturers Association of India (CMAI), a textiles body, conducted a study and stated that the imposition of a standard GST of 12% on textiles proposed by the Center may increase prices of low-end garments by 6 percent will result in reducing demand, closure of 95,000 small units and 7-10 lakh job loss. The same […]
The Indian economy is likely to recover from the pandemic. Some decisions have been opted by the GST regime. For example, the same proceeded towards the electronic compliance mechanism, electronic dissemination of notices, and avoidance of a physical interface. But on the rationalization of tax rates, procedural amendments under GST, availability of exemptions and availability […]
The Central Board of Indirect Taxes and Customs (CBIC) has reported different GST amendments in tax Law effective from January 1st, 2022. Below are the mentioned top 10 changes that you are urged to find out. Rectification in GST Inverted Duty Structure in Textiles Sector GST official has decided to initiate the amendments in the […]
The Karnataka Authority of Advance Ruling (AAR) recently held that the baby wipes will be applicable with 18% GST as a petitioner had come up with a query on the GST applicability on its products. The M/s Xtra Care Products Private Limited which also happens to be the applicant in the matter has been doing […]
