NEW DELHI: The due date for filing of return for availing input tax credit for financial year 2017-18 is Saturday as the government has turned down corporate India’s plea for an extension. The finance ministry, however, clarified that filing of details by suppliers and the facility to view it did not impact taxpayers’ ability to […]
NEW DELHI: Former President Pranab Mukherjee Friday said that the impasse over the Goods and Services Tax (GST) cannot be resolved politically and the supreme court will have to be involved at some key points. Delivering the 16th V K Krishna Menon Memorial Lecture on the topic ‘Sovereignty, International Law and Diplomacy’ here, Mukherjee replied […]
For Ease of Doing Business GOVT Announced Relaxation in GST Registration and Reserve Unique Names Will Be Available in 3 Days for new Business
New Delhi:- If anybody wants to do a new business, then the government has made Relaxation in GST Registration, electricity connections, names.
What is GST? The term GST stands for Goods and Services Tax. Actually, GST is a destination based tax, which has been invented across the country since last July. This tax can replace the former central taxes as well as duties such as Special Additional Duty of Customs (SAD), Excise Duty, Counter Veiling Duty (CVD), […]
TRAN-02 form filling last date extended to June 30, 2018 for all the GST registered taxpayers in India
All the taxpayers who are all paying the tax under the GST (Good and Services Tax) have already registered their business under this regime because of the suitable turnover limit for the GST registration. The unregistered dealers under GST must have also paid the tax under the previous rule on their purchase of stocks or […]
All About Basic Terminology used Under GST Here are a few GST terminology and definitions you must to know. these terms are described as follows: GST Goods And Services Tax is an indirect tax which applicable in India from July 2017. The GST is paid by consumers, but it is paid to the government by the […]