the Central Board of Indirect Taxes and Customs (CBIC) said the provision of reverse charge mechanism (RCM) will remain suspended till September 30, as against the earlier date of June 30. Under th...
INR1.81 lakh crore had been collected from traders as part of IGST as an advance tax, this money has been lying idle in a sort of an escrow account and can neither be utilised by the centre nor the...
Because of few crooks, Govt should not take such a step of abolishing ITC. Before granting ITC, the credibility needs to be checked. Right 'check & measures' should handle such cases not at the...
Howrah CGST Commissionerate has unearthed a GST fraud based in the Hooghly and Howrah area involving a case of fraudulent issuance of fake GST invoices involving tax evasion of approximately Rs 43 ...
Please update me on the procedure if the consignment above 50K is been hand carried by an employee from Noida to Mumbai. Does this require E-way Bill ? please treat as super urgent
There are issues of GST portal & the helpdesk is not able to give reply or provide proper solution after sending the screen shot of the error & explaining the problems on phone. Infact in c...
What if someone is not a business but is making a high value purchase for their residence. In that case, the GST rate is 18-28% say average 23%. and in a 6 lakh purchase, tax comes to about 1.35 la...
We as SMEs are setting up offices in 3 states. The air conditioning equipment (nothing fancy) is being put in but the major assemblies and some key parts are taxed at 28%. Jaitely ji Pra...
Massive underbilling is taking place between manufacturers distributors, traders. A bidi supplier recently told me that a sack of bidis worth 50000 is being bi...
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