Earlier, the GoM, headed by Bihar deputy chief minister Sushil Modi, had zeroed on two models of simplification In the effort to evolve a consensus over provisional input tax credit for the goods and services tax (GST), stakeholders have …
GST Council extends tax exemptions by six months till October 1 after which an e-wallet scheme would be put in place to continue the benefits. New Delhi: Goods and Services Tax (GST) Council on Saturday extended the tax exemptions available …
The 26th GST Council meeting on Saturday failed to come up with any conclusive simplification process after deliberating on two models and has now postponed the decision for next Council meeting, but E-way bill will be implemented from April 1. …
NEW DELHI: The Finance Ministry has permitted businesses to rectify mistakes in their monthly returns – GSTR-3B – and adjust tax liability, a move that will help them file correct returns without fear of penalty. This relaxation will give an …
The government has extended the last date for filing of GSTR-1 till January 10, 2018 for businesses with turnover up to Rs. 1.5 crore under GST. Businesses with turnover of up to Rs 1.5 crore will have to file GSTR-1 …