Earlier Super 30 was exempted from GST in Bihar, Rajasthan, Uttar Pradesh, Gujarat, Maharashtra, Delhi, Jammu & Kashmir states, now the state Haryana has announced that Super 30 to be tax-free. The Movie is based on the life of Patna-based mathematician @teacheranand, who prepares underprivileged students for entrance to …
The total GST collection in the month of July is recorded as Rs. 1.02 lakh crore which consists CGST is Rs. 17,912 crore, SGST is Rs. 25,008 crore, IGST is Rs. 50,612 crore (including Rs. 24,246 crores collected on imports) and Cess is Rs. 8,551 crore …
In this article, we will discuss the due dates of various GST returns and the applicability of GST returns as per the relevant GST Forms. For regular Business: Return Form Particulars Frequency Due Date of filing Return GSTR-1 Details of outward supplies of taxable goods and/or …
Facts of the case: The applicant, Bajaj Finance Limited, is engaged in the business of auto loans against property and personal loans. The loan agreement provides for repayment of EMI or outstanding dues through cheque/ Electronic Clearing System/National Automated Clearing House, or any other electronic or …
CAG has issued its first Audit report on Goods and Services Tax (GST), prepared on the basis of audits conducted during the year 2018-19. The Report acknowledges the magnitude of the tax reform that GST has been and the efforts of all the stakeholders, including the …
On Wednesday, Chief minister Pramod Sawant said in the Goa Legislative Assembly that “If we lower the tax, people will once again come in large numbers to register vehicles in Goa. It can be a revenue source. However, such issue is still under examination by the …
The Central Bureau of Investigation (CBI) has arrested a Superintendent at the Goods and Services Tax Division in Khanna (Punjab). The grounds of arresting was demanding and accepting a bribe of ₹ 50,000 from a businessman based in Mandi Gobindgarh under Fatehgarh Sahib District of the state. The complainant …
CAG (Comptroller and Auditor General) said, GST mechanism was rolled out 2 years ago with aim of simplified indirect tax regime and eliminating the tax evasion to the higher extent, and made credit for input taxes available through the value chain. but, that system is vulnerable …
