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.
Arun Jaitley (Finance Minister ) had previously in this month asked Finance Secretary Hasmukh Adhia to “examine the possibility” of move GSTN into a majority government company or a 100% government company.
Ministerial panel meeting decided to roll out a new simplified model for GST return filing system in single-page, according to new system credit could be given on a provisional basis once the supplier uploads the sales invoice.