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The Congress president Rahul Gandhi is facing objection by a representative Body of traders especially the small businessmen comprising the retailers, due to his alleged statement where he denoted GST as ‘Gabbar Singh Tax’.
The government has again extended the tax exemption for one year till March 2020 to all the exporters under small and medium-sized units (MSMEs), exempting them to pay integrated goods and services tax and compensation cess.
The GST implementation has affected almost every sector and thus the power sector too. There has been a shift seen in the promotion of the power generation mode.
In the time of inflation, it is very difficult to buy a house and it has become a dream for many in India. Making the new house purchase a beneficiary affair for the citizens of India, the government is giving the benefit of tax under the ‘housing for all’ initiative. And one of the key […]
GST CMP-01 or GST CMP-02 are the Forms, supposed to be filed by the dealers in order to make the Government aware of his/her opting the Composition Scheme.
Dimapur-based Pinnacle Skills training institute has launched Goods & Services Tax (GST) accounts assistant course at a launch event organized at Westcity conference hall, DC court junction, Dimapur, on March 16.
The government introduced the new GST return SAHAJ form (GST RET-2) for taxpayers with certain conditions. This certain points will be applicable to the taxpayers having turnover up to 5 crores and is optional for them to file.
As a result of the recent GST tax reduction, the Starbucks was expected to make relevant cost reduction on its products and supplies, but reflecting fishy, the Tax authorities have questioned about the Brand’s prices and has issued two sets of letters asking about the data to get close to the exact position.
The GST authorities noticed that the decrease in the GST rates has not extended any significant advantages from the traders of fast moving consumer goods (FMCG) and pharmaceuticals to consumers
