GST council had already finalized the decisions regarding the alteration in the GST rates on real estate to 1% & 5% for affordable houses and other under construction properties respectively.
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GST council had already finalized the decisions regarding the alteration in the GST rates on real estate to 1% & 5% for affordable houses and other under construction properties respectively.
After a steep downfall in GST Revenue collection in the month of February 2019, March has raised a flag to fetch an honour for the GST department and the Government as well by making a record collection in terms of revenue collection this month.
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The e-way bill system in the coming time would be enabled to calculate the distance for movement of goods bases the postal PIN codes of the source and destination locations but, there would be a 10% variation allowed.
Many of the exporters have come under the tracing radar of tax authorities in India for claiming the tax credit two times for the same export under the inverted duty structure.
Financial planning is all about the 5Ps and they are Proper, planning, prevents, poor, performance. Here we would be discussing why the beginning of this new Financial year 2019-20.
The Goods and Services Tax (GST) Council is a federal body between the States and the Centre, but according to the States, Centre is enjoying the creamy side of this arrangement and letting the states wait for the dues.
The West Bengal Chief Minister, Mamata Banerjee gearing up for the upcoming election has announced the Election Agenda and with this has tried to assure the national audience for a thorough review of the GST system.
E-Way Bill is abbreviated as Electronic Way Bill. It was April 2018, when the e-way bill system came into existence under the GST Regime.