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 […]
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. […]
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 […]
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 […]
After being implemented on 1st July 2017, Goods and Services Tax (GST) has played a significant role in shaping up the country. Almost every business sector noticed impacts of GST, […]
Source: businesstoday.in In an attempt to curtail tax leakage and concerned with the continuous decline in monthly revenue of Goods and Services Tax (GST), the government and indirect tax department […]
Source: financialexpress.com As a huge relief for taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) on Monday issued a circular to clarify the new rules related to claiming […]
Source: Economic Times Starting from January 2020, the Goods and Services Tax (GST) Council has proposed implementing electronic invoicing (e-invoicing) on a voluntary basis. To date, there are no standards […]
Source: Indian Express In a first-of-its-kind interaction, delinked from the agenda of the Goods and Services Tax (GST) Council meeting, tax officers from the states and the Centre are set […]