Powerd By SAG INFOTECH
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According to the media report, it is being observed that Tamil Nadu is one of the states in India which has received good revenue collection for the first time after the 18 months of GST implementation.
Some of the companies who had made mistakes while filing GST form are now trying to rectify it and here it is an example of the same issue.
Once logging to the GST portal, the taxpayer is facilitated by TDS and TCS credit received which could be filed by all the taxpayers who are a success in making a specified limit of sales on the e-commerce platforms and not necessary but are indulged in any kind of works contract with Government departments.
Recently the Maharashtra Authority for Advance Ruling (AAR) cleared out that the ITC of GST will not be available to the General Manager and Managing Director of the company in case of any hotel stay without rent.
The Supreme Court on 4 February 2019 has recently issued the notice under which now the taxpayers would be asked to file the income tax returns with linking PAN with Aadhaar mandatorily.
In the recent 33rd, GST council meeting which was held on 24th Feb 2019 took some important decisions based on the inputs given by many of the industry experts and GoM.
The Gujarat high court has brought lightning news for all the exporter after scratching the deep down legitimacy of a provision under the goods and services tax (GST) that restrains the use of advance authorisation licenses.
Altered financial planning and targets for FY 2019 still aspires for changes in tax collection practice and rather make it more desirous, especially for GST as per the Goldman Sachs Economics Research.
A total of 2 new features have been added on the official website i.e., Goods and Services Tax Network ( GSTN ) which includes System Generated Acknowledgement of Application of Appeal and the Population of Data from EWB System into Form GSTR-1.
