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The Madurai bench panel of the Madras high court ordered notice to the secretary of GST council on Friday about the case looking for GST exclusion on footwear esteemed beneath Rs 500.
The Union Government launched the biodegradable sanitary napkins ‘Suvidha’ to mark the 2018 International Women’s Day.
Over 1.03 crore businesses have been registered under the new Goods and Service Tax (GST) regime and the implementation of the biggest tax reform has been running smoothly so far, Parliament was informed on Friday.
Today, an official said that the GST Council will look after in finalizing the simpler version of GST return filing module that is proposed by Nandan Nilekani on the 26th meeting that will be going to held on March 10th.
The GST E-way bill is developed by the National Informatics Centre (NIC) which has built the IT backbone of Goods and Services Tax as well and meant to be generated when the value of goods more than Rs. 50,000 is shipped intra-state or inter-state.
The government stated that all the states have to implement the national e-way bill system for the intra-state movement of all goods from June 3.
The State Bank of India (SBI) has recently released an Ecowrap report titled ‘The Arithmetic of GST Collections’, according to which the Goods and Services Tax (GST) revenue collection for 2018-19 may increase at a rate of 14 to 16 percent
The Directorate General of Safeguards has started an investigation and notified as well in 53 cases, as mentioned by the parliament.
In a statement released, the Bombay High Court has instructed the Maharashtra government and the Centre to provide solutions to the GST related issues of the citizens by April 24, 2018.
