As GST has completed more than two months; some partial online surveys have been conducted to know, an overall impact of GST on consumers.
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As GST has completed more than two months; some partial online surveys have been conducted to know, an overall impact of GST on consumers.
With an immense filled up hall at Diwan-e-aam, The Taj Mahal Hotel, Mansingh Road, New Delhi, the Revenue Secretary of India Hasmukh Adhia, commenced the most happening event after the implementation of GST.
The Central Board of Excise and Customs (CBEC) has clarified the confusion on tax rates of Sarees. The statement stated that whether designer sarees or embroidered, will impose a five percent tax rates under the new Goods and Services Tax (GST).
The government will be sourcing revenue from all around the corners in order to make a multi diverse revenue collection structure. This time new rules are pointing that any revenue or earning exceeding INR 20 lakh annually threshold accounting from renting and commercial leasing purpose will be attracting the GST from now onwards.
After the rolling out of GST Regime in India, some of the industries benefited with the new regime whereas some are in trouble. The manufacturing sector is one of the most important sectors in the country, retailers and dealers are facing problems to purchase goods. Initially, they are focusing to clear their available or old stock.
Latest GST Circulars/orders from the official head office of CBEC and commissioner GST is available up to date for the notification purpose of GST India. The Goods and service tax is the biggest reform by the Indian government to tackle the complex tax rate structure that was followed until now. It has been assumed that […]
GST notification is a source for all the latest updates and notifications regarding Central, Integrated, Union Territory and their respective taxes applicable. The following latest notifications with accordance with proper laws, rules, and rates is a must for every trading and business unit and will keep the tradition in a proper managerial way. Goods and […]
While addressing speech in the launch event President Pranab Mukherjee said that, GST is a disruptive change, initially the country will have to face some teething troubles that will solve promptly, so that the economic growth of the country will not get affected.
Few days before the launching of GST Regime the government on Wednesday disclosed that the taxpayers are required to submit only one return in a month similar to the taxpayers do earlier.