5 Tips about GST News You Can Use Today

The GST Council is set to debate operational glitches to the GST community portal and search for a resolution plan from Infosys, which has gained the agreement for check here controlling again-conclusion for GSTN in 2015.

comprehensive supply chain Answer for greatest control, effortless collaboration, and certain compliance

this will likely increase tax incidence on companies by two %, a governmentofficial identified, noting thatthey could decide to move it to customers or decrease the margins a little bit.

IRF highlighted the vulnerability of two-wheeler riders in street accidents and emphasised the significance of normal helmets to cut back fatalities.

the selections had been intensive, and was taken right after session with all the customers, which includes People representating states like Goa and Sikkim where by casino sorts a vital Portion of the tourism sector, she included.

Why have charges been hiked for many buyer things? When will The difficulty of compensation to States be decided?

41st GST Council Assembly might be held on 27th August 2020 by way of VC Along with the important item on agenda staying the approaches to compensate for the GST profits shortfall to your states.

The NIC has made it required for taxpayers with turnover in excess of Rs.one hundred Crore to login using the Two-element Authentication from 15th July 2023 for both equally the e-invoicing and e-way bill system.

3. Taxpayers are now permitted to file Yet another software for Revocation of Cancellation of Registration, if their earlier application is rejected.

just in case this closing date is expiring among 20th March to 29th June 2020, the last day to issue order shall be extended for the later of adhering to dates:

Even a small Avenue vendor will let you know, 'UPI', not funds. this modification explains how pondering turns into empowered when convenience is available: PM Modi

The CBIC issued a notification searching for to waive the penalty imposed on non-compliance of dynamic QR code provisions for B2C invoices between 1st December 2020 and 31st March 2021, presented the eligible registered man or woman complies with these provisions from 1st April 2021.

Utilisation of ITC from Digital credit rating ledger to discharge in excess of 99% with the tax liability for specified taxpayers – with the whole taxable worth of materials exceeding Rs.50 lakh during the month, with a few exceptions.

three. 28% GST on on the internet Gaming: the net gaming providers happen to be reeling under the influence. However an evaluation of exactly the same doesn’t appear to be about the cards Even with a call for aid from several quarters.

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