Tag: GST
GST NEWS
Karnataka awaiting Rs 13,763 crore GST compensation refund
The state of Karnataka has been waiting for its compensation from Centre between April to July amounting Rs.13,763 crore. Since the state is in...
GST NEWS
GSTR 1 and 3B to be linked to determine input tax credit and liability
The GST return filing system has been enhanced to curb evasions and frauds so that correct input tax credit and liability can be determined. Bihar...
GST NEWS
Notices to 5,584 companies for not filing GST returns
The Delhi Government had sent notices to 5,584 companies for not filing GST returns and 36 similar notices to those who failed to have...
GST NEWS
Three cheers for GST – biggest achievement is cooperative federalism, which was unthinkable earlier
With GST Act, all the supply of goods and services has been merged. Prior to the Act, there was one service tax rate and...
GST NEWS
GST returns with new features to be launched next month
From the month of September, the GST assesses shall have new return form facility available on portal. The capacity to file GST returns has...
GST NEWS
GST Portal restores GST Returns data for the year 2017
The Government has restored GST data pertaining to 2017-18 on the portal. The functionality to enable taxpayers for filing revocation application again, in view...
GST NEWS
GST: Notices to large number of firms declaring lower sales to avoid tax
In order to enjoy the benefit of MSME, businesses have been reporting low turnover and under-reported investment sizes. The GST administration has found that...
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