GST 2016

Press release for 22nd GST Council meeting

Followings were the major points for 22nf GST council meeting Turnover for composition scheme raised from ₹75 Lakhs to₹ 1 crores. E-way bill provisions deferred till April 2018. Reverse charge to be abolished till 31.03.2018. Quarterly returns for taxpayers with annual turnover less than ₹1.5 crores. Tax to be paid Read more…

By whatsq, ago
GST 2016

Home Buyers under GST

जीएसटी के तहत घर ख़रीदारों पर कोई अतिरिक्त बोझ नहीं हैं । माल और सेवा कर – अच्छा है सरल हैं #GSTSimplified pic.twitter.com/pdOsK6ElPc — GST@GoI (@askGST_GoI) September 16, 2017 No additional burden on Home Buyers under GST #GoodAndSImpleTax #GSTSimplified pic.twitter.com/KcIDRgxzuh — GST@GoI (@askGST_GoI) September 16, 2017

By whatsq, ago
GST 2016

Attention Taxpayers !

Attention Taxpayers ! Return Filing deadlines have been extended for July 2017 #GoodAndSimpleTax pic.twitter.com/7Rq5kvBAPZ — CBEC (@CBEC_India) September 13, 2017  

By whatsq, ago
GST 2016

Employee and Employer relation in GST

Very often, we believe the employer-employee relationship to be beyond the purview of indirect tax. The company, we figure, is only a juridical person and operates through the acts of its employees. A close look at Model GST Law (MGL) suggest that law makers have addressed several issues under existing Read more…

By whatsq, ago
Finance

Latest GST Notification by Indian Gov

 Latest GST Notifications We will list all the latest GST notification here for more details , please use comments to put up your questions if any. Will try to answer them. Use : ctr + D to Bookmark this page   GST Registration Notification       Notification No. & Date of Issue Read more…

By whatsq, ago
Finance

GST THRESHOLD LIMIT FOR COMPOSITION LEVY

GST council has decided composition levy for small and marginal supplier as discussed below:

Sub section (1) of section 10 read with sub-section (2) of the same section of the Central Goods and Services Tax Act, 2017 [CGST Act] provides that an eligible registered person, whose aggregate turnover in the preceding financial year did not exceed Rs.50 lakh (more…)

By whatsq, ago