ABOUT GST NEWS

About GST News

About GST News

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I do think it absolutely was an extremely welcome remark: French envoy on PM Modi's reviews to President Putin that today's era isn't of war

As per the newest media reports, the GST Council may discuss on producing parity during the method of taxing Indian and overseas transport strains for Indian exporters.

Complete provide chain Remedy for ultimate Management, easy collaboration, and certain compliance

The law committee has suggested the introduction of a whole new part 11A towards the CGST Act, stated a report

0 cupboard is sworn into electrical power. Here is the 53rd meeting from the GST Council and they're meeting soon after 8 months. the final Assembly was held in October 2023. a lot of the critical subjects which can be predicted to become deliberated on include things like

GoM on appellate tribunal was deemed with some modifications which is able to be re-drafted and circulated with associates of GST Council for acceptance.

Puri implies creating a GST Council-like structure for pushing more info reforms, a number of which are in states' area. India's overall economy is undertaking effectively inside a pressured worldwide atmosphere because of policy devices deployed by The federal government over the past yrs.

underneath GST, a connected get together transaction is taxable at 18 per cent and its compliance is rather stringent for overseas businesses.

SportsHow Rohit Sharma re-tuned his batting technique to create a gem of the 50 percent-century in huge gain about England

Any extension of certain revenues to States could, nevertheless, translate into additional agony for shoppers and market, who already have to fork out the GST payment Cess levied on items for instance vehicles and smooth beverages, till March 2026, as an alternative to the June 2022 sunset promised previously.

The Jurisdictional Commissioner can now call for information and facts from any person associated with any issue addressed in connection with the Act below portion 151, together with portion 168.

ONGC, Oil India and Reliance could well be Among the many beneficiaries of gas remaining included in the GST ambit together with town fuel distribution businesses.

New composition plan is launched for services companies and those that source products and services along with merchandise; the Turnover limit set is Rs 50 lakhs plus the Tax price is fixed at six%.

a result of the Russia-Ukraine conflict petrol costs doubled. We experienced stress from where to buy the oil but PM Modi & govt have been in the watch that we have to perform exactly what is most effective for our nation & if strain arrives then we must always confront it

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