GST

The Centre passes various notifications in the GST law, which will ease Tax payments for Indian taxpayers. The second wave of coronavirus pandemic has crippled the economy to a great extent, in addition to worsening the health…

In the wake of second wave of Covid in India, as many as 11 compliances under Goods and Services Tax (GST) and 15 compliances under the Income Tax Act have been requested to the government to be deferred by a period of three months by…

GST E-Invoicing Is Now Mandatory: 7 Critical Features Your Accounting Software Must Have This is a Guest post by Mr. Niraj Hutheesing, Founder and Managing Director, Cygnet Infotech The Central Board of Indirect Taxes & Customs…

Govt has extended filing of GSTR-9 and 9C till Mar 31. The Centre has extended the filing date for GST returns for the second time since Dec 31st. The first extension was made upto Feb 28. The new extension has now been made till…

Farmers', traders' and transport worker bodies have come together to voice protest against the government's inadequate handling of GST, E-way bill and more. Confederation of All India Traders (CAIT) declared a nationwide strike/bandh…

A total of 215 tax evaders arrested by GST Intelligence authorities, recovering over Rs 700 crore in 2 months. A total of 215 people have been arrested under the accounts of tax evasion, by the Directorate General of GST Intelligence…

Year 2020 has been crazy, unpredictable and chaotic but also the one of endurance and courage. We hope in 2021 sun shines upon each and every one of us. A lot is happening this New Year, and we have you all covered. Please read the…

Government introduces the new Rule 86B in GST Rules, as per which businesses will no longer be allowed to make use of input tax credit for discharging GST liability to 99%. In order to curb tax evasion by faking invoices, the Central…

Over 5 lakh firms could be losing their GST registration for not filing tax returns. The Revenue Department set a deadline of five days starting November 20 for the transactions done in October. As lakhs of firms have failed to file the…

Cars, Bikes Will Become Cheaper; Govt Can Reduce 10% GST For All Automobiles Yesterday on Sept 4, the Union minister of Heavy Industries and Public Enterprises Prakash Javadekar assured that the government is looking into a decision on…