The GST News Diaries
The GST News Diaries
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I think it had been an exceedingly welcome remark: French envoy on PM Modi's comments to President Putin that modern period isn't of war
The ITC was obtained on The idea of invoices without true receipt of any products/expert services. Jhaverchand Soni, the husband or wife of Shemaroo enjoyment, had told officers that he was only paid out for signing some paperwork.
total source chain Alternative for top Regulate, easy collaboration, and confident compliance
men and women aware of the development instructed ET that the vast majority of customers with the team have been in the view the twelve% slab accounts for approximately eight% of complete GST revenues and can be done away with.
IRDAI mandates creation of recent standardised address for mental illnesses; will it's less difficult purchase insurance policy now?
6-thirty day period GST payment freeze for worst-hit sectors, a lower amount for realty amongst Covid options mulled
seven,500. more, the hospitality field wishes a complete enter tax credit rating claim in line with international standards. at the moment, the enter tax credit rating might be availed only if the resort reserving is in the identical point out since the GST-registered condition of the small business.
Taxpayers whose get more info GSTR -3B for your month of Oct 2017 was submitted but not filed over the widespread portal.
"GST Council’s discussions right now on on line gaming were substantive. The Council will assure it is in contact with IT ministry. We will align With all the regulation the ministry brings in," she said.
The grievance notes which the operators of the sham charities for whom Gelvan and his associates lifted resources usually used nearly all the remaining money “to pay for themselves and loved ones, and for administrative costs.”
a similar is often acquired by clicking within the ‘Download Table 8A Document aspects’ button appearing underneath the Guidelines, at the top of the GSTR-nine return variety.
built-in refund procedure with refund disbursal by single authority being introduced from 24th September, 2019
customers may have to shell out much more as a number of products and companies will Price tag greater from July 18 onwards with the products and companies Tax (GST) Council approving rate hike to deal with inverted obligation constructions and withdrawing some exemptions.
one. GST on fertiliser corporations: The Standing Committee on substances and Fertilisers had advisable cutting down GST relevant on Uncooked resources and nutrients to aid farmers and handle the fascination of fertiliser firms. These recommendations were made in February and should occur up for deliberation in right now’s Conference.
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