HomeGST NEWSTN chooses option 1 for GST compensation after initial opposition

TN chooses option 1 for GST compensation after initial opposition

Date:

October 7, 2020

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The state of Tamil Nadu had earlier raised objection against borrowing option to meet compensation cess shortfall. Now, the state has agreed for opting under Option 1. He further said that the assumption of 10% growth in the option 1 is highly unrealistic.Jayakumar also said that till July 2020, Rs 12,258.94 crore of GST compensation was due to the state.

https://www.thenewsminute.com/article/tn-chooses-option-1-gst-compensation-after-initial-opposition-134680

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Declaration of Taxable turnover in form GSTR 3B by E commerce operator

E invoice mandatory for registered person with turnover more than 10 crores

Service by a Clinical establishment

Waiver of late fees for delay in furnishing GSTR – 4

Proper reporting of Input in GSTR 3B

Declaration of Taxable turnover in form GSTR 3B by E commerce operator

E invoice mandatory for registered person with turnover more than 10 crores

Service by a Clinical establishment

Waiver of late fees for delay in furnishing GSTR – 4

Proper reporting of Input in GSTR 3B

TN chooses option 1 for GST compensation after initial opposition

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Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Anticipatory Bail for offences committed under GST Act

Merely Assessee has availed higher drawback rates under Column A of the of Customs Notification No. 131/2016, dated 31-10-2016 does not keep away Assessee...

State was not liable to pay service tax on amount received for providing securities to various banks being the duty of the state.

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Goods and Vehicles cannot be seized due to Non filling of Part-B of E-way bill due to technical portal error.

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Anticipatory Bail for offences committed under GST Act

Merely Assessee has availed higher drawback rates under Column A of the of Customs Notification No. 131/2016, dated 31-10-2016 does not keep away Assessee...

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Goods and Vehicles cannot be seized due to Non filling of Part-B of E-way bill due to technical portal error.

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Anticipatory Bail for offences committed under GST Act

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Goods and Vehicles cannot be seized due to Non filling of Part-B of E-way bill due to technical portal error.

Service of Show Cause Notice on driver is not sufficient to be equated with adequate opportunity.

Anticipatory Bail for offences committed under GST Act

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TN chooses option 1 for GST compensation after initial opposition

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