GST News Things To Know Before You Buy
GST News Things To Know Before You Buy
Blog Article
I feel it had been an incredibly welcome remark: French envoy on PM Modi's opinions to President Putin that modern period is just not of war
For getting GST registration, an alternative is supplied for an aadhaar authentication. The foundations are amended with effect from twenty first August 2020 as follows:
Dismissing stories the department had handled the recoveries as turnover as well as accused has become allowed to deposit Rs fifty two crore as tax dues, it mentioned the entire recoveries are held within the safe custody of point out financial institution of India pending further more investigation.
The council didn't acquire up The difficulty of GST on crypto assets. resources mentioned that the final report within the regulation committee is awaited.
Caught between a perception that on line games are very little website but a prosperous man’s gambit that only whips up greed and encourages gambling, India’s $2 billion on line gaming marketplace oday suffers from a significant image dilemma.
GoM on appellate tribunal was viewed as with some modifications which can be re-drafted and circulated with customers of GST Council for approval.
The closing date to furnish B2B supplies over the IFF (optional facility with the taxpayers opting in to the QRMP plan) for may perhaps 2021 has actually been prolonged from thirteenth June to 28th June 2021.
These measures consist of looking at a conditional waiver of interest or penalty on tax notices issued between 2017 and 2020, with exceptions for wilful defaulters. The budget announcement is predicted in July.
need to any on the defendants fall short to pay what they owe or be identified to own lied about their power to shell out, the complete degree of their judgments might be because of quickly.
Opposition-dominated states have demanded that possibly the earnings-sharing formulation beneath the GST routine ought to be altered or the compensation period of time prolonged by 5 years.
the identical can be obtained by clicking over the ‘down load desk 8A Document specifics’ button showing beneath the Recommendations, at the top of the GSTR-nine return kind.
Russia has withdrawn its troops from the after-occupied town of Lyman, as Ukraine's eastern counteroffensive recaptures extra territory, studies AP
buyers could possibly have to shell out additional as numerous products and products and services will Charge greater from July eighteen onwards with the products and solutions Tax (GST) Council approving amount hike to handle inverted obligation constructions and withdrawing some exemptions.
Now, curiosity shall be computed on the net tax legal responsibility following decreasing eligible ITC from the total liability. it's to become pointed out that the fascination shall be debited in the electronic income ledger.
Report this page