Several decisions have been taken in GST council meeting in order to promote tourism,” Nirmala Sitharaman stated at time announcing rate cuts down on hotel bills The GST Council meeting on 27th, Sept announced reduction in tax rates for the hotel industry, taking the entire sector out of the 28% tax rate slab, the highest […]
When GST was applied on First of July 2017, traders were mandatory to file 3 returns in a month, and 1 annual return, almost total 37 returns in a year. NEW DELHI, MARCH 25 Trade with Zero tax liability for last six months under GST may soon get relief once the proposal to allow such traders […]
In the meeting held earlier this month, the GST Council has decided that it will implement e-wallet mechanism to GST refund issue to exporters who have been complaining of delays in the refund of taxes under the GST regime, Commerce and Industry Minister Suresh Prabhu said on Sunday.
New Delhi: Considering the process of single stage returns filing instead of the three-phase system of goods and services tax (GST), the panel appears to be with its largest procedural overhaul. The purpose of this step is to reduce the compliance load for businesses.
The finance ministry has said there is no the due date extended for filing GST final returns and the Due date remains unchanged on 10 January. New Delhi: The finance ministry on Wednesday said that there is the due date remains January 10 for filing GST final returns and the deadline ended last midnight.
Govt serves Anti-Profiteering notices to McDonald’s franchisee, Lifestyle, Honda Dealer. NEW DELHI: Hardcastle Restaurants Pvt Ltd, the master franchisee of fast-food McDonald’s franchisees for West and South India, retailer Lifestyle and and Sharma Trading Ltd, a Jaipur-based dealer of Hindustan Unilever’s Vaseline, for not passing the benefits of reduced taxes and input tax credit under […]
GSTN allows taxpayers to file returns on quarterly, monthly basis according to turnover New Delhi: Taxpayers who have filed GST returns will be able to see the status of returns on the GST Network (GSTN) portal.
The government has extended by 10 days the last date for filing of final sales returns GSTR-1 until January 10 From the period of July to September whose turnover UP To 1.5 Crore under the GST, sources said. NEW DELHI: The government has increased 10 days the due date for filing of final sales return […]