Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The Hyderabad Central GST intelligence wing encountered eight companies which are exhibiting bogus invoices without an actual supply of TMT bars and other products, In the raid conducted by GST department on iron and steel industries in the State.
Recently the GST council and GSTN offered normal GST RET 1 (Return) Form with revised details for all the normal taxpayers.
The government has introduced the 3 new GSTR forms namely GST Return Normal form, GST Return Sahaj form and the GST Return Sugam form.
The FMCG (fast moving consumer goods), retail, food, and pharmaceutical companies can now sigh in relief because the government have read their minds and clarified that the ITC (Input Tax Credit) will also be applicable for promotional schemes like the ‘buy one get one free’ (BOGO) and with the same price and extra quantity.
The anti-profiteering body held caught off the US pharmaceutical company Abbott Healthcare because the benefits of GST was not given by them to the customers post-GST which was rolled out on July 2017 even after the tax rate reduction in November 2017.
The GST portal over the last six months has witnessed several changes and updates. All the new updates are rolled out on a regular basis to help and assist the taxpayers in smoothly and effectively filing their GST returns.
The PDF format for the multiple GST return forms under Goods & Services Tax has been notified by the Government. In this article, we would be discussing the structure and PDF format of GSTR 5, GSTR 5A, GSTR 6, GSTR 7 & GSTR 8
The new law of AAAR has extended our attention to a different aspect of the business which involves the employer and employee relationship and the facilities provided by the former to its employees.
Get to know about the changes made in the ITC (Input Tax Credit) eligibility under GST (Goods and Services Tax) which came into effect on 1 February 2019.
