Amit Mitra West Bengal Finance Minister Amit Mitra came down heavily on the current as well as proposed mechanism of filing goods and services tax (GST) returns
Category: GST
GST benefits will start accuring to economy in the coming yrs, say experts | Business Standard News
The goods and service tax (GST), which was launched two years ago, has stabilised quicker than expected and its benefits will accrue to the economy
GST: B2B invoices will have to be generated on govt portal by Sept | Business Standard News
Depending on the success of the project in the B2B segment, the revenue department would be looking at extending it to business-to-consumer (B2C) sales All
GST: Soon, GST taxpayers will get ‘risk scores’–Economic Times
A list of taxpayers along with risk scores will be provided to field formations in dividing them in three categories as per their turnover. The
GST: Anti-profiteering investigation: Mock purchases, premise visits planned to check B2B invoices
Taxmen could carry out ‘mock purchases’, visit premises and check invoices issued by top 20 goods and services suppliers as part of anti-profiteering investigations in their
Bogus IGST refund claims: Government to verify exporters’ claims before sanctioning – The Economic Times
With the government detecting fraudulent refund claims by exporters, the CBIC has asked customs and GST officers to closely verify the IGST refund claims before
MEIS cannot be claimed 2 years after prescribed last date: TNC Rajagopalan | Business Standard News
We were unable to claim MEIS benefit within three years of the shipping bill date. Is it time-barred? Is there any remedy? According to Para 3.15 of
GST audit for small assessees to be desk-based – The Hindu BusinessLine
Audit to begin after completion of annual filing in August Small Goods & Services Tax (GST) assessees will not have tax officials paying them a
Ambiguity remains over GST on service charge – The Hindu BusinessLine
Restaurants, tax experts seek clarity on applicability The devil lies in the details and this could be true even in the case of restaurant bills.
Ambiguity remains over GST on service charge – The Hindu BusinessLine
Restaurants, tax experts seek clarity on applicability The devil lies in the details and this could be true even in the case of restaurant bills.
A GST reforms agenda – The Hindu BusinessLine
A set of micro and macro proposals to enable stakeholders to breathe easy GST, two years after its inception, has proved to be a roller-coaster
GST return: Tax body seeks extension of GST return filing by four months–Economic Times
Tax and legal consultants complained about the time-limit of three months given to file the GST returns for 2017-18. Tax and legal consultants Wednesday complained
GST : Inter-state office services to come under GST net–Economic Times
Experts also said the issue of cross charge is leading to a lot of confusion on the ground and avoidable paperwork. The government is set
Explaining the rules on who evaluates imported goods from related party | Business Standard News
We are an EOU in Rajasthan. We want to import machinery from our joint venture partner (49 per cent shareholder in the EOU). We want
Volume of litigation under GST regime to grow in a big way: Experts | Business Standard News
Last month, the power of GST officers to arrest tax evaders hogged headlines and courts’ time. Following conflicting orders from various high courts, the apex court stepped in. A
GST return filing: These are the major changes in the process from July – The Economic Times
By Archit Gupta As proposed by the GST Council, a trial run of the new return filing mechanism called the GST 2.0 is expected to be launched
GST–Tough tasks ahead | Business Standard Editorials
GST Council must focus on rationalising the tax system Business Standard Editorial Comment Last Updated at June 14, 2019 01:00 IST The Goods and Services Tax
GST Return: New GST return system for taxpayers: Here are all the details–Economic Times
The GST Council in its 31st meeting had decided that a new GST return system will be introduced for taxpayers. The government has unveiled a
GST RETURN: New GST return system for taxpayers: Here are all the details–Economic Times
The GST Council in its 31st meeting had decided that a new GST return system will be introduced for taxpayers. The government has unveiled a
Govt plans big move to close routes of large scale GST evasion – The Financial Express
Once real-time reporting of transactions to a central portal starts, it will be practically difficult for the businesses concerned to reduce their tax liability by