Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Uttar Pradesh, Tamil Nadu, and Maharashtra lead in filing Goods and Services Tax (GST) returns monthly, demonstrating their economic prospect, showed by GSTN data, and the company processing tax returns. Monthly compared to Maharashtra, Uttar Pradesh, and Tamil Nadu file more returns. On the last month of every quarter, Maharashtra is ahead when smaller businesses […]
On 22nd June, the 53rd meeting of the GST council was conducted. To refine the tax rates and service exemptions under the GST regime, various recommendations were made in the meeting. Union Finance Minister Nirmala Sitharaman addressed the meeting and deliberated on distinct proposals to facilitate GST applicability for goods and services. Key Updates on […]
Certain relief to the fertilizer companies is on the cards as the GST council seems to suggest the issuance of the circular for releasing the refunds due to the inverted duty structure and subsidy. After the general elections, the council is anticipated to meet. Inverted Duty Structure (IDS) is directed to a higher duty on […]
Through approaching the President who has duly forwarded their representation to the Finance Ministry the ice cream companies have increased their efforts to lessen the GST rate. After that to reduce the tax they secure key Finance Ministry officials. There is an 18% GST rate on the ice cream that is sold via shops or […]
There might have been chances when you came across instances of the Directorate General of GST Intelligence (DGGI), issuing notices and alleging tax evasion. You might have questioned yourself what this organization is all about. In what way does it operate? In what way does the same discover the instances of tax evasion? The operations […]
In this article, SAG Infotech has added the benefits and critical challenges that taxpayers may encounter while re-filing their GSTR 3B form. This form is used for reporting monthly sales and purchases to the government. The GST department has sent an advisory to the particular taxpayers for the first opportunity provided to rectify the errors […]
The Jharkhand High Court in its ruling has allowed the filing of an application for revocation of cancelled GST registration, despite the expiration of the limitation period. The decision derived from a petition furnished via a proprietor aggrieved by the dismissal of their petition u/s 107 of the Central Goods and Services Tax Act, 2017 […]
It is important to buy a house and is a long-term investment of money. This article gives information on different GST rates and how they apply when buying flats that are either under construction or ready to use. In these transactions, GST needs to be acknowledged. Knowing whether or not GST is applicable will affect […]
Rs 73,500 crore has been successfully recovered by the income tax department in the pending dues for the FY 2023-24 up to March 15. The same recovery shows a rise as compared to the former fiscal year’s collection of Rs 52,000 cr. The corporate tax dues amounted to Rs 56,000 crore, and personal income tax […]
