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The Supreme court of India surge the fine which was levied by the High court with respect to Telangana state’s GST officer for “unnecessary litigation”. The same has arrived post to the expiry of the load carriers e-way bill under GST because the carrier has been stuck in Hyderabad’s Basher Bagh area as there was […]
The government must draw the natural gas under GST compliance to discover the vision of the PM Narendra Modi on the subject of the economy of the gas and making the environment friendly fuel for India, the industry council that shows the likes of the Reliance Industries and the companies owned by the state. Natural […]
From the decision of the court, the GST council would recover the interest accrued on non-payment of GST because of the mismatch in the invoices excluding providing any notice. In the existing concern Bharti Airtel, the Punjab & Haryana High Court raises a stay order to recover the interest accrued to boost Rs 5.77 crore […]
The All India Gem and Jewellery Domestic Council (GJC) requested the government to diminish the rate of GST (goods and services tax) to 1.25%. Inside the pre-budget 2022-23 suggestions to the central finance minister Nirmala Sitharaman said that GJC seeks the cumulative GST rate with 1.25% relied on the revenue equivalence principle on gold, precious […]
Does the chief executive of large companies headquartered in Mumbai towards the firm or just the head office? Are there any common expenses like salary, marketing, branding, or legitimate expenses be circulated to the branch offices or taken by head office only? In a recent ruling via appellate authority for the advance ruling (AAAR) mentioned […]
The confederation of all India traders urged the Union Finance minister Nirmala Sitharaman to refuse the essential GST enrollment towards selling the products via e-commerce platforms. In a statement, it is mentioned that the GST steers on the other side of the digital India vision of Prime Minister Narendra Modi and asks the Finance Minister […]
Performing reconciliation is required before filing returns towards monthly, quarterly, or annual returns. It does not have any influence as to what methods or when the business executed a reconciliation. Thus now there is a right time to know and discuss the reconciliation task as the government makes important amendments to the GST law which […]
In which the GST registration number does not accept suo moto through officer upon assessees failure to file the GST return for straight 6 durations and the time limit to apply for the GST revocation of the application of the GST number prior to the adjudicating authority (Jurisdictional Officer / Proper Officer) gets missed then […]
In the month of Dec quarter GST collection place with an extraordinary number concerned to the receipts from the tax given people of the country for center and states. Towards the Centre and states with an average monthly gross collection of Rs 1.3 trillion, the October-December quarter of 2021-22 (FY22) was the most promising since […]
