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Puducherry has accepted the proposal of the center to borrow Rs 1.1 trillion to bridge the shortfall for goods and service tax (GST) collection INR 1 trillion GST has been collected for the very first time in the eight months in October post unlocking from September. Any month GST collection resembles the business received in […]
In the first month of the launch of the service, the assessee generated 4.95 crore GST e-invoices said IT and electronics officials. In October 6.41 crore GST e-way bills Know the details on blocking and unblocking e-way bill feature for non-filers of GST return. Also, we solved general queries through important frequently asked questions were […]
A written application was furnished in the Supreme court which challenges the GST forcing on the products built for the aid of a person with a disability. The applicant submits that there is no requirement to pay the tax for the ordinary individual who walks although the disabled individual is payable for 5% GST rate […]
The government plans to have artificial intelligence (AI) as well as Aadhar enrolment to prepare the list of uncertain companies to examine the Goods and Services Tax (GST) theft. Thus there is a risk for such firms which will be stated as risky to track their activities as per the finance ministry. A racket of […]
Delhi government has stated that the recent amendment in the Reverse Charge Mechanism Get an easy guide to RCM (reverse charge mechanism) introduced in GST India same as VAT basis. Also, We covered the topic in all aspects along with systematic manner to give motor vehicles on rent. On 30th June 2017 the governor of […]
The Tamil Nadu Authority of Advance Ruling (AAR) directed that GST is excused on the supply of Dress, School Bag, Boots etc. to students excluding the compensation to Government Supported schools. The petitioner Tamil Nadu Textbook and Educational Services Corporation is regulated through the government of Tamil Nadu and thus they are the body of […]
Micro, Small and Medium Enterprises (MSMEs) should resemble the Punjab Chief Minister Captain Amarinder Singh about the illegal GST assessment notices granted by the State Goods and Services Tax (SGST) Get the brief introduction of SGST, IGST and CGST. We have mentioned their full forms, meanings and adjustments of input tax credit under GST in […]
The Karnataka Authority of Advance Ruling (AAR) directed that the Input Tax Credit should not be there on medicines adopted in importing health care services Check out the brief details of GST impact on the healthcare industry in India. The researchers have commented on the impact of GST regime rendered to sufferers. The petitioner is […]
By setting aside the ruling of the lower authority, the Karnataka Appellate Authority of Advance Ruling (AAAR) in its recent ruling held that On-street lightning activity under Energy Performance Contract GST at 18% rate Grab the information of revised GST slab rates on consumer products in India, Although the GST council finalized the slab rates […]
