December 2, 2019
Source: The Hindu BusineLine After two months of decline, Goods and Services Tax (GST) collection crossed the ₹1 Lakh Crore mark in November with the revenue growing by 6% to […]
November 29, 2019
Starting from April 1 next year, electronic invoicing (e-invoicing) will be mandatory for all businesses with a turnover of ₹100 Crore or more. The new system of generating e-invoices in […]
November 28, 2019
Source: bloombergquint.com The Ministry of Finance is planning to introduce a lottery scheme to lure taxpayers to pay Goods and Services Tax (GST). According to a senior government official, this […]
November 26, 2019
At the first national GST conference on Monday, the issue of consumers often paying in cash without taking a bill was identified as a key source of leakage of Goods […]
November 25, 2019
Many taxpayers registered under Goods and Services Tax (GST), especially small firms, are worried these days of system-generated red flags being shown in their online return forms. Little time is […]
November 21, 2019
Five states – Delhi, Punjab, Kerala, West Bengal, and Rajasthan – released a joint statement urging the central government to immediately clear the pending GST compensation for the August-September period. […]
November 20, 2019
The Central Board of Indirect Taxes and Customs (CBIC) has directed tax officials to not insist on proof of realization of export proceeds while processing the input tax refunds. Since […]
November 18, 2019
With a view to simplifying GST and making the filing process more user-friendly, Finance Minister Nirmala Sitharaman held a meeting with chartered accountants, traders and other stakeholders on Saturday. In […]
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