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An empowered group of ministers (GoM) seeing towards rationalizing the rate might be asked for reducing GST exemptions on the specific goods and services and rectifying the inverted duty framework in the subsequent 47th GST council meeting. The ministerial panel might be conducted before the council meeting and might postpone its rate rejig concern till […]
The National Anti-profiteering Authority (NAA) seems to integrate with the competition commission of India (CCI) as the tenure of the GST authority is expired going near to 400 cases of dues prior to it dealt with the customer complaints about not obtaining the tax cut advantages. The same shall arise by year-end and all the […]
The state of Uttar Pradesh has the largest number of businesses in the country enrolled to furnish GST with the small businesses accounting for the portion. The same build the most populous state in the country for the small entrepreneurs. There are nearly 357000 small businesses in Uttar Pradesh that are enrolled beneath GST which […]
The companies are facing pressure to produce new products and services at a lower cost. They laid on the new generation software and services to get there. Low-code-no-code platforms are popular options with respect to enterprise-grade applications for companies who want to expand. As the infrastructure and building blocks are pre-built in LCNC (Low-code-no-code) platform, […]
The Haryana GST Department has circulated the guidelines for re-engineering internal processes to implement taxpayer-friendly measures beneath the GST Law to enhance the experience of assessees. The circular furnished on 19th May 2022 requires that the GST Officers would show the ID cards prior to the inspection of premises. Also, it mentioned that No officer […]
The blocking of input tax credit) under GST would be affecting businesses all over the state. As the city is the financial capital of the state, the majority of businessmen of the city would get impacted by it. In front of the state, GST commissioner Lokesh Jatav several CAs, and tax consultants asked to resolve […]
SAG Infotech is a leading tax software development company in India since 1999 with Income Tax, TDS, MCA and GST software. The company holds a well-built network in more than 80 cities network with a strong base of 50,000+ clients across India. A total of 200+ technical executives as the company holds 9 certifications and […]
In the current times, the reduction in the time limits towards furnishing the belated or amended income tax return (ITR) gives assessees a short duration to amend the accidental glitches or meet these timelines in the difficult positions. Until now, the former day to furnish the amended or belated return was Dec 31 of the […]
The Kerala High court has filed a petition challenging the glitches in the GST system along with the non-acceptance of the return without payment of the tax amount, causing various losses to the taxpayer along with the late fee payment, interest, and the cancellation of the GST enrollment and others. While admitting the application, Justice […]
