New Delhi. GST officials started sending notice after scrutiny to companies whose tax payments and final sales returns are not matching. This notice had explored that there was a difference between sales of 34 percent and tax payers.
The council also decided to turn GST Network (GSTN) into a wholly owned government company. New Delhi:- GST Council has simplified the process of filing returns, giving great relief to the businessmen. Businesses now have to file only one GST return in a month. Those people whose turnover is Nil, will have to fill the […]
GST council meeting Live Updates New Delhi : According to sources, there is no consensus after the states’ objection to the cashback plan in GST. The decision to send this issue to the GOM (Group of Ministers) has been decided.
GST Council can make two important decisions to bail out the sugar industry. Council Athlon can reduce the GST slab rate from 18 to 12 percent.
New Delhi: The government received Rs 1.03 lakh crore as GST collection in April. It is an indication of the new indirect tax regime being stable since July 1 last year. In the entire financial year 2017-18, collection of goods and services tax (GST) was 7.41 lakh crores.
New Delhi:- Even after 9 months of GST implementation, SEZ and Export Oriented Units still remain in trouble. The problem of business refund, GST with GST on Ground Level is facing problems due to shortcomings in the law. The government is also now in the process of resolving the problem of businessmen. In this regard, […]
Arun Jaitley attends Cabinet meeting, to chair The next GST Council meeting on May 4
The total March GST collections may cross the over Rs 1 lakh crore till month-end, as payments are still being made by a section of taxpayers with late penalties, analysts feel.