Another move to check malpractices in Goods and Services Tax has been taken by the officers. The GST Network on Saturday decided to make Aadhaar authentication or physical verification mandatory for new dealers from January 2020 Bihar deputy chief minister Sushil Kumar Modi, who heads the …
The Reserve Bank of India had constituted a Committee on the Development of Housing Finance Securitisation Market, on May 29, 2019 with Dr. Harsh Vardhan, Senior Advisor, Bain & Co. as the Chairperson. The Committee was set up in recognition of the role of well-functioning securitization …
The current economic slowdown has affected many sectors including Mumbai’s real estate sector. To provide relief to Mumbai’s real estate sector, Maharashtra Finance Minister Sudhir Mungantiwar has asked from GST council to cut down the goods and service tax (GST) rates redevelopment projects. The current rate …
Board is in receipt of references from field formations and inputs from trade and industry seeking clarification as to what should be the basis for a waiver of Bank Guarantee to be executed with Customs in the Goods and Services Tax (GST) regime under AA, DFIA …
In a major relief for businesses, the government is likely to extend the due date of filing GST annual return and audit report for the fiscal year 2019 providing the businesses more time to file their annual returns. The due date may be extended by the …
This year, in May, the Goods and Services Tax Network (GSTN) had already released the Trial version of Offline Tool for filing of GST returns under new GST mechanism (ANX 1 and ANX 2). Trial version helped the stakeholders to familiarize with new functionality and submit …
A joint operation by the Directorate General of GST Intelligence (DGGI) and the Directorate General of Revenue Intelligence (DRI) carried out on pan-India basis covered 336 locations on September 11 against exporters fraudulently claiming refund of IGST. This was the biggest-ever joint operation involving 1200 officials …
Businesses are likely to get extra time for filing their Goods and Services Tax (GST) annual return and audit report for FY19, hence, the government may extend the last date of filing Goods and Services Tax (GST) annual return and audit report for the financial year …
