Increase composition threshold to 5 crores per year
Government must do everything it can to get more smaller dealers to adopt the composition scheme and if necessary increase the scheme’s threshold from Rs 1.5 crore to a generous limit of Rs 5 crore given the fact that a small trader operating in Delhi’s Chandni Chowk or Bara Bazaar in Kolkata is likely to sell a lot more than Rs 1.5 crore per annum. more
I don't understand this fetish for demanding more and more concessions. If someone sells 1.5 crore worth of material - whether in Chandni Chowk or Bara Bazaar or a small/big town in India, what is his problem in proper filing as a regular GST tax-payer? more
Govt consdiering: Recommendations to increase GST on Tobacco and Tobacco products to 35% from 28% Aerated Beverages GST also expected to rise to 35% Govt may consid...
GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .
Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...
According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...
You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...
Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...
My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...
Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...
Cut & polished diamonds are charged 1.5% GST. Flour & curd are charged 5% GST. Diamond walas can fund politics but aate dahi doodh walas can’t?? Plea...
By Sudesh Rai
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