5 Simple Statements About GST News Explained
5 Simple Statements About GST News Explained
Blog Article
to permit a option of uploading the revenue invoices on month to month basis or even more on a regular basis for all those submitting quarterly GSTR-one, Bill Furnishing Facility (IFF) might be introduced.
Ayurvedic practitioner claims she by no means eats ‘pores and skin of potato, seeds of tomato, and white pith of pepper’; we learn why
"Compensation was much more an insurance plan towards tax losses for five years (2017-22). But whether it is ongoing for as well prolonged, it will bring on laxity in states’ bureaucracy. it'll work as a disincentive in mopping up far more taxes. The GST compensation to states should finish now."
Taxpayers can now file a nil GSTR-3B as a result of SMS from registered cellular amount of authorised signatory for a selected GSTIN. browse extra right here.
Stay tuned Within this Place To find out more about the highlights, latest updates and news to the 52nd GST Council meeting.
6-thirty day period GST payment freeze for worst-strike sectors, a reduce amount for realty among Covid alternatives mulled
in accordance with the complaint, Gelvan and his associates retained about 90 p.c of the money they elevated for sham charities as payment for his or her fundraising expert services.
segment 129 is delinked from part one hundred thirty. appropriately, proceedings relating to detention, seizure and launch of goods and conveyances in transit are going to be individual with the levy of penalty to the confiscation of goods and conveyance.
The federal government itself went forward and made the way in which for digital payments simpler. The federal government by itself promoted citizen-centric delivery support in the application: click here PM Modi
"engineering may possibly right anomalies for inefficiencies and therefore might have a possible effect on profits assortment.
In reality, the criticism alleges, the defendants “fundraised for sham charities, quite a few of that have been shut down through condition and federal regulation enforcement steps.”
The brand new rule, which arrived into force from April 1, 2024, was brought in from the central lender to ensure "reasonableness and transparency" in disclosure of penal fascination. on the other hand, banks have questioned the tax authorities to spell out their stand on The difficulty.
entire provide chain Option for supreme Manage, effortless collaboration, and confident compliance
We have migrated to a different commenting platform. For anyone who is currently a registered consumer in the Hindu and logged in, chances are you'll carry on to have interaction with our articles or blog posts.
Report this page