Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The Modi-led government has recently announced that it will sort out all the major issues or glitches in the new GST system, which was also the key reason for the decline in indirect tax revenue. At the time when the GST regime was launched, the government has promised that the full benefits of GST reform […]
There is no need for me to elaborate on the importance of mobile phones in our lives; everyone is well aware of how essential a mobile phone for us. India has the second-largest mobile market in the world. A variety of mobile phones, smartphones, and mobile accessories are sold by micro, small and medium enterprises […]
Some expectations are yet left to be fulfilled, some issues are yet left to be settled down! Some pending petitions, some harsh provisions and some new steps in the digital world are halting our journey towards full stabilization and uniformity under GST. GST system is the biggest reform in the taxation system which rolled out […]
Latest in the news, Government has made it clear in its pitch that, goods and services tax or GST will be imposed on the exchange of services from one state to another. If the scale of the services provided by the office in one state goes to the office in another state than the responsible […]
Goods Transport Agency (GTA): The transportation services of goods by road under Notification No. 12/2017-Central Tax (Rate) dated 28.06.2017 (sr.no.18), are free from GST Services (Heading 9965): (a) By road, except for the services of: A Goods Transport Agency (GTA) A courier agency (b) By internal waterways. Therefore, till now, the goods transportation by road, […]
While addressing a joint session of Loksabha and Rajyasabha on June 20, the President of India, Mr Ram Nath Kovind said that my government will continue to take effective measures further in wake of simplification of the GST rule. Further, he said that the government is working towards to make Indirect tax simpler and effective. […]
The 35th GST council meeting has been live since today 21st June 2019 and the newly appointed Union finance minister Nirmala Sitharaman is set to discuss and initiate the council meeting for the first time in her position. There are some important suggestions and discussions backed by tax experts which are to be taken in […]
Measures for defending the MSME sector from suffering more due to high GST rate – The Consumer Price Index (CPI) is in the midst of the preparation process of a memorandum on the GST for the MSME sector, which is under crisis due to high tax rates. In the scenario when various industrialists and sectors […]
In India, Reversal of the ITC is a common term under the Indirect Tax Regime. Not only India, but other countries as well are aware of this term. Like when we talk about Malaysia Reversal of the ITC is there too. In India, we also have an ITC reversal process to avoid cases like deprivation […]
