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The Delhi High Court has ordered the GST (Goods and Services Tax) officials to act upon the refund claims of the assessees within 15 days or pay the claims of the assessee along with an interest. The high court asked the officials to do so pointing out the errors in the GST refund claims Get […]
The collection of revenue from GST Cess has seen a 42% shortage in the financial year 2019-20. The GST council has decided to organize a meet to discuss the lending from the market as shortfalls are projected to continue. The finance ministry said that the final installment of the GST collection of the year, amounting […]
The government has decided to continue the existing GST (Goods and Services Tax) return filing system for the time being. In place of launching the new GST return filing system, the government will try to introduce advanced features to the older system. The government will be launching from GSTR 2B for the Input Tax Credit. […]
According to an official, the government is all set to introduce a GST (Goods and Services Tax) e-invoicing scheme for all the businesses having more than 500 crore turnover which will be generating all the invoices through a centralized portal of the government from 1st October 2020. The threshold for invoicing was previously set to […]
The Authority for Advance Ruling (AAR) of Andhra Pradesh stated that renting the Non-A/C buses for Andhra Pradesh State Road Transport Corporation (APSRTC) will attract Goods and Services Tax at 18% rate Grab the information of revised GST slab rates on consumer products in India, Although the GST council finalized the slab rates like 5%, […]
The Central Government is on the way to allow end-to-end private participation in the space sector but experts responded that the country’s legal and policy obstacles can cause some serious trouble. Recently an online discussion was organised on “Unlocking India’s Private Space Sector: Legal and Policy Challenges”, it was organized by the NALSAR University of […]
The Authority of Advance Ruling (AAR), Madhya Pradesh, has held that the services of fabrication of the body on chassis of a vehicle as provided by the customer, will attract 18% GST (Goods and Services Tax). The ruling was provided by the AAR amid an issue raised by the applicant, M/s VE Commercial Vehicle Limited, […]
The Authority of Advance Ruling (AAR), Madhya Pradesh, has ruled that Coal Handling and Distributor Charges to Attract 18% Goods and Services Tax Grab the information of revised GST slab rates on consumer products in India, Although the GST council finalized the slab rates like 5%, 12%, 18% and 28%. Read more if such transaction […]
The government officials have told that over 1,300 exporters have claimed false GST refunds Get to know about official GST refund process under GST regime as finalized by the GST Council. We have included terms and conditions of all aspects worth Rs. 1,875 Crores from different sources which are untraceable to their business. 7,516 other […]
